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Index Provider MSCI Proposes Bigger Role for Chinese StocksMSCI proposed sharply increasing the importance of mainland Chinese stocks in its influential global indexes next year—a vote of confidence in a market that has been battered by trade and economic concerns. There is no “global” investors chasing after Chinese stocks, only bargain hunters from Wall Street. No one leer is stupid enough to chase them.
Source: WSJ - 🏆 98. / 63 Read more »
How China Pressured MSCI to Add Its Market to Major BenchmarkLast summer, MSCI added stocks in China to one of its most prominent global benchmarks, leading billions of dollars to flow into Chinese shares and advancing China’s plans to draw more foreign investors to its markets. Hmm, ask Powell the same question.
Source: WSJ - 🏆 98. / 63 Read more »
Indexers Turn Spotlight on China’s Smaller StocksChina’s small- and midsize listed companies are about to get a lot more attention from global investors, with many firms likely to join FTSE Russell and MSCI Inc. indexes. 🤣🤣🤣
Source: WSJ - 🏆 98. / 63 Read more »
Chinese market slump tests index-crafter nervesPlans by FTSE Russell and MSCI to expose a fresh $76 bln to mainland stocks look shaky as Shanghai out-swoons New York. If Beijing reacts clumsily, as in 2015 when it allowed shares to be halted and attacked traders, sceptical investors could be emboldened to revolt.
Source: Breakingviews - 🏆 470. / 51 Read more »
Asian stocks have fallen 20% from the highs reached at the beginning of 2018The MSCI Asia Pacific Index was thrashed on Thursday and has now fallen by more than 20% from its 2018 highs — some analysts pointed to weak Eurozone PMI data as a factor in the sell-off.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The biggest tech companies are about to undergo a major reshuffling on the stock market — here’s what’s coming, and why it mattersOn October 1, MSCI and S&P will flip the switch on a new Communication Services sector that will replace the current Telecoms sector. It will include some of the biggest stocks including Facebook and Netflix. Here's what you need to know about the changes.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Some of Wall Street's biggest firms are already waving red flags on the stock market's newest sectorBI PRIME: S&P Dow Jones Indices and MSCI have flipped the switch on the new communication services sector that brings together telecom and some large internet companies. But it's not getting rave reviews from some Wall Street analysts who are bearish on the sector.
Source: BusinessInsider - 🏆 729. / 51 Read more »