Caixin
Sep 27, 2018 07:10 PM
FINANCE

Update: FTSE Russell Goes Bullish on China Stocks, Following MSCI

Photo: VCG
Photo: VCG

FTSE Russell has become the second major index compiler to include China’s yuan-denominated A-shares into its benchmark indexes, marking another milestone in the country’s efforts to lure foreign investors into its $7 trillion stock market.

FTSE Russell said on Thursday it will add a batch of Chinese A-shares to its FTSE Emerging Index beginning in June 2019, with 25% of each security’s investability weight to be added. The amount will be increased in another two phases, in September 2019, and March 2020. Initial weighting of A-shares in the index will be 5.57%.

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