mainland companies: BABA, 0.46% or Petro China Co, according to Market Watch. PTR, 0.09% global investors have far less exposure to stocks listed on the mainland. While many asset managers own stakes in Chinese companies listed in Hong Kong or New York, such as Alibaba Group Holding Ltd. The decision is likely to pull tens of billions of dollars into China. Late Thursday, MSCI MSCI, 2.97% said it would follow through on its September proposal to increase the so-called inclusion factor of mainland companies in its widely tracked emerging-markets index to 20% from its previous cap of 5% over a three-step process starting in May. The world's second-largest economy is also set to enter a world bond index in April and a rival global stock index in June.
(news.financializer.com). As
reported in the news.
Tagged under mainland companies, chinese companies topics.