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Chinese shares dip in early trade on MSCI inclusion day [Reuters]

MSCI (MSCI)  More Company Research Source: Reuters
Last msci earnings: 8/2 07:03 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
PDF Chinese shares dip in early trade on MSCI inclusion day | Reuters Reuters Staff 2 Min Read SHANGHAI, June 1 (Reuters) - Chinese stocks started the month on a down note on Friday as the long-awaited inclusion of big cap shares from China in MSCI’s emerging markets index failed to buoy the market or attract an immediate flood of foreign money. The Shanghai Composite Index and the benchmark CSI300 both dipped about a half a percent in early trading, while Hong Kong’s Hang Seng China Enterprises Index , which tracks mainland shares, was up a touch. On Friday, about 230 yuan-denominated mainland A-shares were included in MSCI’s emerging markets index for the first time in a step toward deeper integration of China’s bourses with the rest of the world. The inclusion led to a net influx of about $1 billion in funds from offshore via the stock connect schemes that link Hong Kong’s exchange with the mainland’s on Thursday as passive funds tracking MSCI’s index shifted money into China to rebala [Read more]

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