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.
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