'Bigger jumps' lie ahead for A shares on MSCI index

Global index provider MSCI Inc said on Tuesday it will make "bigger jumps" in expanding the presence of China's A shares in its benchmark indices after accessing investor feedback on their initial inclusion on Friday.

The firm is contemplating the possibilities for the next step by either increasing the weighting of large-cap stocks that will imminently be included in its indices this week, or by adding more mid and small-cap stocks, according to Henry Fernandez, chief executive officer of MSCI Inc.

"We don't want to do a large number of small inclusions, but a small number of large inclusions. We want to do bigger jumps," Fernandez said at a news conference in Beijing.