A brokerage house displaying stock trading in Beijing, last Wednesday, the day after global stock benchmark provider MSCI said that it's including yuan-denominated "A-shares" of 222 large Chinese companies to its Emerging Markets index. Photo: AP
Zhang Shidong
Opinion

Opinion

Across The Border by Zhang Shidong

MSCI’s China stock inclusion may prolong the decline of small-caps

Liquidity likely to start draining from Chinese small-caps next year as investors look to grab a share of those 222 stocks that will become eligible for MSCI inclusion

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A brokerage house displaying stock trading in Beijing, last Wednesday, the day after global stock benchmark provider MSCI said that it's including yuan-denominated "A-shares" of 222 large Chinese companies to its Emerging Markets index. Photo: AP
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