Sandro, China, Global Financial System discussed on Bloomberg Daybreak: Europe


Countries i'm killed his came back marcus thanks very much sandro we're going to turn to china next was stocks were little moved by their addition to embassy is benchmark index's the move is seen as a landmark in china's integration with a global financial system but it will initially have only a small effect on the amount of foreign money entering the country stock markets for more joined live from beijing by bloomberg sir emma o'brien emma what clinched this inclusion for msci well the index compilers mine is here with china basically boil down to crawl regulators anastate had an outside present in the market here and and that was a big problem at the end of the imo track at index heyday survey address in the following way china opened a second top trading link allowing more access entertainment or her basically harvard university doc that was considering like main who they repair hundred mostly big cap equities admitted creating pensions is a big problem here her foreign investor and the msci greeted doc who had been how her to modern day the over the past here what does this mean for the mainland market in the longer term we've seen the shanghai kompas it kind of wavering today now high by half a percent but what about the longer term i guess in the median pin it might be sentiment a bit longer hannity ceo mary i think this is a good guy and the mainland market is the world's secondbiggest though my heaven carey in an equity values but it is a very close to wanted dominated by retail investors which can tend to have heard manpower aladi and can tend to believe that the decatur than institution that other invested this will bring pension plan mutual fund in to the dog that uh being included in the index third should be enron i'm on a pretty good may and o'brien reporting that from a beijing about this move from msci thank you very much indeed.

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