The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

MSCI explains next steps for China A-share inclusion

A-shares included at low weight; handful of large-caps with tiny weighting.

MSCI’s decision in June to include Chinese domestic A-shares in its biggest international and emerging market indices, albeit in modest scale, was a symbolic landmark. But attention has quickly turned to the next step: increasing the weighting of Chinese shares to represent the true size of that market.


Chin Ping Chia,

The inclusion of A-shares, which will take place in two instalments in May and August 2018, will be in a very limited form – just 222 large-cap stocks with a 5% weighting relative to their actual size. 

Consequently they will represent just 0.73% of the MSCI EM Index, compared with the 27% of the index already accounted for by China-linked stocks listed in Hong Kong and New York. 

Full inclusion of A-shares at their actual market weight would account for about 20% of the emerging market index.

Euromoney asked the MSCI research team of Sebastian Lieblich and Chin Ping Chia about the next steps: towards greater weighting and towards the inclusion of mid-cap stocks rather than just large-caps.

“Looking at mid-caps and possibly going beyond 5% – these are not mutually exclusive.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree