MSCI Inc. Reduces Chinese Stocks in Global Benchmarks
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MSCI Inc. is reducing the number of Chinese stocks in its benchmarks, cutting 20 stocks from the MSCI China Index due to decreased investor appeal, despite recent market gains.
MSCI Inc. has announced it will further reduce the number of Chinese stocks in its global benchmarks, highlighting the declining attractiveness of the Chinese market for investors, even amidst a recent market rebound.
The changes will involve the removal of 20 stocks from the MSCI China Index, which comes after the removal of more than 200 stocks last year. In contrast, eight new constituents will be added to the index. These adjustments will become effective after the market close on February 28, and will also be reflected in the MSCI All Country World Index.