MSCI to adjust list of A-share firms in indices
Index provider MSCI Inc will announce the semi-annual adjustment of its equity indices next week, which will change the representation of Chinese stocks in the MSCI system before the official inclusion of China's A shares into its emerging market index on June 1.
The New York-based firm said that it will post the list of stocks added and deleted from its indices including the MSCI China A Onshore Indexes and the MSCI China All Shares Indexes on May 14.
The adjustment could be of great significance for the Chinese market as it will determine the final list of Chinese A shares to be included in its emerging market index in June. It is also likely to bring significant changes to the representation of overseas-listed Chinese stocks in the indices, investment bank China International Capital Corp said in a research note.