Chinese equities gain global grip thanks to index company movement


SHANGHAI – Index provider MSCI Inc. said it would more than quadruple the contribution of mainland China's shares to an influential global benchmark, making Shanghai and Shenzhen stocks much more important for investors. global investors.

While many asset managers hold stakes in Chinese companies listed in Hong Kong or New York, such as Alibaba Group Holding Ltd. or PetroChina Co., global investors are much less exposed to shares listed on the continent.

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