Jun
09
Global Index May Add Chinese Stocks, Fueling Investment
By
A brokerage house in Beijing. MSCI says it will work with regulators to ensure that China’s markets are prepared for the move. CreditWu Hong/European Pressphoto Agency
HONG KONG — Chinese stocks do not really need an extra boost. They have tripled in value over the last year to nearly $10 trillion — overtaking Japan, Hong Kong and Britain and coming in second only to the United States.
But new overseas money may soon pour into the mainland, providing more fuel to the country’s already racing markets.
On Tuesday, MSCI, a company that compiles indexes widely tracked by money managers around the world, said it could soon add China’s domestic shares to its benchmarks…
Global Index May Add Chinese Stocks, Fueling Investment
