FTSE Russell's A-share inclusion to attract $10b foreign capital

The A-share inclusion plan implemented by UK-based index provider FTSE Russell will bring in an estimated $10 billion in net passive foreign inflows, including some $2 billion in June, an analyst said. The plan takes effect from the closing bell on Friday.

Under the central government's strategy to deepen supply-side structural reforms, the China Securities Regulatory Commission will promote those reforms and the opening-up to facilitate overseas investment entering China's capital market, Fang Xinghai, vice-chairman of the CSRC, said at the launching ceremony of A-shares' inclusion in the FTSE Russell.

The CSRC is looking forward to bolstering cooperation with FTSE Russell and other international index compilers which would propel the opening up of China's markets, Fang said.