China blue-chips at 18-month high, MSCI talks up A-shares


The Shanghai SE 50 Index, an index tracking the 50 most representative blue-chips on the Shanghai Stock Exchange, advanced 0.6% to an 18-month high. The index has gained 11.2% in 2017, versus a gain of 2.6% in the benchmark SSEC.

SHANGHAI: China’s blue-chip index closed at its highest in over a year yesterday, boosted by news of index provider MSCI saying it could substantially raise the future weighting of China “A” shares in its emerging markets benchmark.

The Shanghai SE 50 Index, an index tracking the 50 most representative blue-chips on the Shanghai Stock Exchange, advanced 0.6% to an 18-month high. The index has gained 11.2% in 2017, versus a gain of 2.6% in the benchmark SSEC.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , china , stocks , MSCI , A-shares , markets ,

   

Next In Business News

Tasco posts weak earnings due to international freight forwarding ops
Wall St set to open lower on economic data; Fed verdict on tap
TM to further accelerate AI endeavours this year
Auditor flags going concern for Magna Prima
PTT Synergy buys land for RM36mil
GFIEF to help Malaysia regain positioning as top innovator in Islamic finance
Fernandes: Geopolitical risks will not affect Capital A's regional operations in 2024
Ringgit closes marginally lower against US dollar ahead of Fed meeting
GUH Holdings gets RM69.49mil contract from Gamuda
CIMB Niaga's pre-tax profit rises 7.8% to 2.2 trillion rupiah

Others Also Read