MSCI inclusion of China A-Shares a ‘historic milestone’

SINGAPORE (June 21): The inclusion of companies traded on Chinese stock exchanges, known as A-shares, into the US$1.5 trillion ($2.1 trillion) global MSCI Emerging Markets (EM) Index is “more than a symbolic prize,” says State Street Global Advisors (SSGA).

The New York-based index compiler on Tuesday decided – after three failed attempts since 2013 – to add China’s US$7.7 trillion domestic equity market to the benchmark index.

This comes “following years of carefully paced reforms to address transparency and other governance and structural issues,” says Kevin Anderson, SSGA’s head of investments for Asia Pacific.

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