MSCI move expected to spark inflows from foreign investors

China's stock market is expected to see a new inflow of global investment after the world's top index provider MSCI Inc announced the final list of Chinese shares to be included in its benchmark equity indices.

Some 234 domestically listed Chinese companies, ranging from China's biggest liquor maker Kweichow Moutai to banking giant Industrial and Commercial Bank of China, will be added to the MSCI system on June 1.

The inclusion of China's A shares, yuan-denominated equities traded on mainland stock exchanges, in the MSCI indices will give foreign investors greater exposure to the world's second-largest stock market and also marks the further integration of China's capital market into the global financial system, analysts said.