Index provider MSCI Inc. said it would quadruple the contribution of mainland Chinese companies’ to its benchmarks, a move that makes shares in Shanghai and Shenzhen all but unignorable for many international investors.
SHANGHAI — Index provider MSCI Inc. said it would quadruple the contribution of mainland Chinese companies’ to its benchmarks, a move that makes shares in Shanghai
SHCOMP, -0.44%
and Shenzhen
399106, +0.35%
all but unignorable for many international investors.
While many asset managers own stakes in Chinese companies listed in Hong Kong or New York, such as Alibaba Group Holding Ltd.
