(Bloomberg)China’s enormous stock market, long off-limits to international investors, is now part of many a mom and pop investor’s portfolio outside the country. The Big Three indexers -- MSCI Inc., S&P Dow Jones Indices and FTSE Russell -- are all adding A shares to their flagship benchmarks, giving many investors their first exposure to China. Its embrace of China is expected, over time, to send billions of dollars flowing into the world’s second-biggest equity market. Investment from international fund managers also helps China balance its capital account and reduces the market’s reliance on unpredictable retail investors. On completion of MSCI’s upgrade in November, there will be 253 large-cap and 168 mid-cap A shares in the MSCI Emerging Markets Index.

Source: Washington Post October 09, 2019 04:09 UTC