market: A shares will be classified as a secondary emerging market under the FTSE Global Equity Index Series and the inclusion process is scheduled to be completed on March 23, 2020, according to a statement from FTSE. The inclusion in the FTSE Russell is a significant step for the A-share market to gain global recognition and investment, Xu Hongcai, deputy director of the Economic Policy Commission at the China Association of Policy Science, told the Global Times on Sunday, according to Global Times China. For the A-share market, the most direct impact will be a flow of investment since the FTSE Russell index is among the leading equity benchmarks for institutional investors, Xu said. Photo VCG China's A-share market is expected to be included in the index of FTSE Russell, a global index and data provider and a unit of the London Stock Exchange LSE on Monday, marking another milestone in the Chinese equity market's accelerating internationalization. As one of the most credible indexes, it will also guide other investors and encourage more capital in the Chinese A-share market. Although 10 billion is not a hugely significant amount in itself, the inclusion of A shares is a huge step in being recognized internationally, and it is also significant for the opening up of the capital market in China, Xu said. According to a report by yicai, David Schwimmer, CEO of the LSE, estimated that the inclusion of the A-share market into the FTSE Russell index will bring about 10 billion from global investors.
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