MSCI to include 234 Chinese names
Saw this market note in today's Seeking Alpha news feed and thought it would be interesting to our forum members, particularly in this subgroup:
MSCI has released a list of 234 Chinese stocks that it will include in its key indexes from next month, capping a year-long process that is likely to attract billions of dollars into China's markets. The initial batch of companies will have a 0.39% weighting in MSCI's Emerging Markets Index (ETF: EEM) and a 1.3% weighting in the MSCI China Index (ETF: MCHI). The news comes amid the monthly release of Chinese business activity: Factory output grew 7% in April, while fixed-asset investment expanded 8.4% and retail sales rose 9.4%.
These are all Class A shares. The list is behind the WSJ paywall.
-BB
__________________
FIREd, April 1, 2015. My Retirement Benefits Package includes: 6 months vacation, twice a year.
|