Mainland Chinese stocks are gaining influence on global indexes. That may drive money into China

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Global index provider MSCI's announcement that it will quadruple the weighting of mainland Chinese stocks in its benchmark indexes is likely to boost investments into the market there, investors and analysts said.

Global index provider MSCI's announcement that it will quadruple the weighting of large-cap Chinese shares in its benchmark indexes is likely to drive more money into the still highly regulated mainland market, investors and analysts said.

Chinese shares, which slumped sharply in 2018, have been on a tear this year, rising 14 percent in February alone on factors including optimism over progress in ending the U.S.-China trade war and expectations for the expanded MSCI inclusion. "Overall, the final inclusion plan continues to look as aggressive as its proposal, marking another milestone in China's capital market opening up," Citi equity analyst Jerry Peng said in a note dated Thursday, adding that the U.S. bank expects"strong foreign inflows to China's onshore market."

Gao Ting, head of China strategy at UBS Securities, said in a note Friday that the MSCI changes would likely spur $67 billion in inflows to the A-share market this year alone.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

'Stocks look like dead money': Here's why any US-China trade deal might disappoint Wall StreetInvestors want so much from a US-China trade deal that any agreement will disappoint them, says FTSE Russell's director of global markets research.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

China's stocks just hit the big time — $80 billion in Chinese equities could now flow into one of the world's major indexesGlobal index provider MSCI is quadrupling the weighting of Chinese mainland shares in its global benchmarks later this year.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Stocks in Asia set to gain following stronger-than-expected US economic dataShares in Asia were set to see opening gains on Friday after a report overnight showed stronger-than-expected fourth quarter economic growth in the U.S. Wait...you guys told me our economy was failing! How can this beeeeeeeee LOL Wut? 3% was expected, and we fell during the Holiday 4th quarter So I guess the fed was right initially and needs to raise rates. Can’t have it both ways Wall Street. This constant market rally on good news, bad news, any news needs to stop. How has their not been a healthy meaningful pullback for months?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Asian stocks slip as trade optimism retreats, dollar holds gainsAsian stocks slipped on Thursday after cautious comments from U.S. Trade Represe... ok ok
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

After recent surge, U.S. stocks to make only small gains this year: Reuters pollU.S. stocks will rack up only modest gains this year on top of a surge in recent... They are overpriced. Look out crash ahead. A gain is a gain. Better than loss.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »