MSCI approves inclusion of China A-shares in EM and ACWI indices

The provider said it intends to add 222 China A large-cap stocks to the EM index, representing on a pro forma basis approximately 0.73% of the index's weight at a 5% partial inclusion factor. This will follow a two-step inclusion process to account for the existing daily trading limits on the Shanghai-Hong Kong Stock Connect. The first step would coincide with MSCI's May 2018 semi-annual index review, followed by the second step taking place as part of the August 2018 quarterly review. MSCI will also start to calculate a number of its provisional indices as part of the ACWI index s...