Opening up of financial market continues
Editor's note: Monday marked a milestone for the internationalization of China's A shares as FTSE Russell, a leading global multi-asset index, data and analytics provider, completed the second step of its first-phase inclusion plan, and their inclusion in the S&P Dow Jones Indices took effect. 21st Century Business Herald comments:
This symbolizes another key stage in opening up China's capital market following the previous quota cancellation for Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors. It will greatly improve the convenience for foreign investors to participate in the domestic capital market.
China's securities market is the second largest in the world in terms of size. With A shares also included in the MSCI indexes that means the three major indexes all have assets of China's securities market, which means that the internationalization of A shares has achieved its task of being recognized by the international market.