Press "Enter" to skip to content

MSCI drops Chinese stock due to foreign stake limit

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

The global index compiler MSCI Inc. will remove a Shenzhen-listed stock from its China indexes and cut the weighting of Midea Group Co, due to investibility issue triggered by foreign ownership limit. The company urges China to consider relaxing foreign-ownership limit in the A-share market to prevent more companies from being removed from its benchmarks.

The New York-based index compiler said it will remove Han’s Laser Technology Industry Group Co. from its MSCI Global Investable . . .

To continue reading, please subscribe. You will get

  • ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
  • THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere. 
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
  • QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions. 

 

FREE TRIAL FOR A WEEK cancel anytime

GRAB THE MID-YEAR SPECIAL OFFER !

SUBSCRIBE AT $0.5 A DAY! 

 

Contact us for group subscriptions: contact@yuantalks.com

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top