MSCI Mingsheng will set China's A-share as a global index

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      MSCI Mingsheng, a global index provider, said on Thursday that China's A shares will be quadrupled in its global index later this year. The move could attract more than $80 billion in new foreign investment into China.
 
MSCI Mingsheng said in a notice posted on its website that it would take two steps in May and August 2019 to increase the inclusion factor of large Chinese stocks in its index from the current 5% to 20%. After adjustment, the weights of Chinese stocks in MSCI Mingsheng Emerging Market Index will increase from about 0.7% to 3.3%.
MSCI Mingsheng's announcement may add fuel to China's stock market. China's stock market has risen more than 20% so far this year, partly because investors expect China and the United States to reach an agreement soon to settle trade disputes.


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