CICC and MSCI Jointly Hold Investor Luncheon in Hong Kong
CICC and MSCI jointly held an investor luncheon in CICC HK office today, only two days after MSCI’s announcement regarding consultation on a further weight increase of China A-shares in the MSCI Indexes.
In the early morning of September 26, MSCI announced that it would launch the consultation on a further weight increase of China A-shares in the MSCI Indexes, as well as the inclusion of ChiNext board to the list of eligible stock exchange segments.
Dr. Huang Haizhou, Head of CICC Equities Department and a member of CICC Management Committee, hosted this event. Chin Ping Chia, Head of Research for Asia Pacific of MSCI, was the guest speaker. They had a productive discussion with more than 90 attendees from the investment community.
Chin Ping said that after the successful inclusion of A-shares in May and August this year, the markets had received quite encouraging feedback. Since investors have already started to learn about more than 200 China-A Large Cap Securities, so the time is ripe for the Mid-Cap securities to be included. He also emphasized that the proposed changes are not yet finalized; if investors agree with the consultation, Mid-Cap inclusion could be brought forward to coincide with ChiNext board inclusion in 2019.
Dr. Huang expressed his sincere appreciation to MSCI and investment community. He believes the further weight increase of China A-shares in the MSCI Indexes can accelerate the internationalization and institutionalization of the A-share market. As an investment bank with Chinese roots and international reach, CICC will continue to help investors to explore the investment opportunities in the A-share internationalization.