FYI: Twenty-six China A shares will be added to the MSCI China Index, while 30 equities from Saudi Arabia and eight Argentine securities are set to join the MSCI Inc.’s emerging-market stock benchmarks, steps that could potentially draw billions of dollars of investor inflows.
MSCI, which announced the additions of Saudi Arabia and Argentina last June, said the stocks will join its indexes as of the close of trading on May 28. Argentina will account for 0.26% of the MSCI Emerging Markets index, while Saudi Arabia will have a 1.42% weighting. China A shares will be left with a 1.76% weighting in the broad developing-nation gauge, it said. The China gauge will have 31 additions in total, including five that aren’t A shares.
Regards,
Ted
https://www.fa-mag.com/news/msci-boosts-china--adds-saudi-to-emerging-market-indexes-44847.html?print
