China's stocks just hit the big time — $80 billion in Chinese equities could now flow into one of the world's major indexes

The move, MSCI says, might draw more than $80 billion of fresh foreign inflows to the world's second-biggest economy.

The weighting increase, announced on Thursday, may be a milestone in Beijing's efforts to internationalize the yuan. The decision, largely within expectations, marks a win for Beijing, which has stepped up efforts to woo foreign investment in the face of a slowing economy and prolonged trade friction with the United States.

The index provider will increase the inclusion factor of Chinese large-cap stocks to 20 percent from the current 5 percent in three steps, with increments of 5 percent in May, August and November. The MSCI announcement could give a lift to a stock market that has jumped about 20 percent so far this year, partly on hopes that Beijing and Washington will soon reach a deal resolving their trade dispute.

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Chinese Stocks Jump After U.S. Postpones Tariff IncreaseMainland Chinese shares surged on signs of easing trade tensions with the U.S. and top-level support for the country’s financial sector. The new World Masters! So this trade war with China - which disrupted the entire global economy - has actually had little to do with deficits & much to do with giving American banks, insurance companies, stock brokers, Visa & Master Card access to China’s economy. Who’d have thought? America’s farmers?
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Mainland Chinese stocks are gaining influence on global indexes. That may drive money into ChinaGlobal 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.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »