China Shares in Emerging Markets Index Will Attract $40 Billion: JPMorgan
The long-awaited addition of China’s A-shares to the benchmark MSCI Emerging Markets Index next month will bring $40 billion of capital inflows to mainland stock markets, according to a top executive of JPMorgan.
Jing Ulrich, vice chairman of JPMorgan Asia Pacific, said global investors are preparing to increase their holdings of Chinese stocks in advance of the change by MSCI Inc., an American-based provider of equity indexes and market data. A-shares are yuan-denominated common stocks traded on Chinese securities exchanges.
- 1China Mulls Ban on Transporting Coal, Ore, Steel by Truck
- 2Update: China Abruptly Ends Anti-Dumping Probe Against U.S. Sorghum
- 3Quick Take: Nigeria Awards $6.7 Billion Rail Project To China
- 4Carrefour Opens New Tech-Infused Grocery Store in Shanghai
- 5U.S., China Strike Trade Deal, Ending Threat of Protective Tariffs
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas