Since last year’s MSCI review, China has set up a second stock connect link between the Hong Kong and Shenzhen exchanges, and Citigroup Inc. said in March it would include mainland bonds in its emerging market and regional benchmarks, reflecting how China is gaining entry to major gauges in other asset classes.
"If included, it won’t revolutionize the world of investment overnight," said East Capital’s Hirn. "It may trigger $12 billion of net inflows into China A shares, which is a drop in the sea for a market of that size, but the symbolic value is enormous."
This article was provided by Bloomberg News.