Press "Enter" to skip to content

MSCI drops Chinese stock due to foreign stake limit

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 Market Indexes and MSCI China All Share Indexes starting March 11, because the stock had reached the 28 per cent . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top