Finally Chinese shares have been admitted to the MSCI Indexes.
A good outcome, but more symbolic than anything else, at the moment.
At 0.73%% of the index initially it will bring in USD10bn in a USD6.8Trillion market (drop in the ocean) in 2018. Over the next 5 years USD210BN.
The inclusion will be done in two parts may and August 2018.
But the road is clear as, at the end, the inclusion will be 5% (and Chinese related shares will be 40% of the MSCI EM).
Chinese related stock are now 18.1% and will become 28.55% by August 2018.