MSCI to raise the share of China's A-stocks in its indexes

Index provider MSCI has said it will raise the inclusion factor of China's large-cap A-shares in its indexes from the current 10 percent up to 15 percent.

The decision will take effect after the market close on August 27.

[File Photo: IC]

Hiking the inclusion factor by 5 percent is likely to lead around 22.7 billion U.S. dollars of incremental capital into the market.

The move on Thursday follows the decision in March by MSCI to increase the inclusion factor of China A-shares to 20 percent in a three-stage process with rises scheduled for May, August, and November.