China condemned MSCI’s decision not to add domestic Chinese equities to its global emerging markets benchmark index

Almaty. June 15. Silkroadnews – Any global benchmark index that doesn’t include China A shares is incomplete, the published statement by China’s Securities Regulatory Commission (CSRC) spokesman Deng Ge said, TASS reports.

“China is the world’s second economy; A shares’ international influence grows gradually. Any global benchmark index that doesn’t include China A shares is incomplete,” the publication states with reference to Deng Ge.

“MSCI’s decision (Morgan Stanley Capital International – international analytical company) to not include A shares won’t impact the reform and opening process of the country’s capital markets. Our goal is to build the long-term, stable and healthy capital markets,” the regulator’s official representative said.

On June 14, 2016, MSCI again refused to include yuan-denominated A shares traded on the Shanghai and Shenzhen stock exchanges in a MSCI global emerging markets benchmark index.