China Starts Its Journey to Open Exchange Market
China’s stock market is over a century old and it’s currently the second biggest market in the world, just behind the U.S. Despite its high-ranking, foreign investors have limited access to China’s exchange market, which is tightly controlled. But this could all change pretty soon. Namely, after MSCI's decision, the CSI 300 listed index in the Shanghai and Shenzhen stock market hit highest levels in the last year and a half., state investment experts from WC Capital Management, LLC . On June 20, this year, MSCI - the giant New York-based stock index provider included 222 Chinese stocks, called "A shares," in its popular markets stock index. Financial companies have an estimated $1.6 trillion riding on this emerging market. These 222 companies represent less than 1 percent of the key Chinese listings. By adding China’s A-shares, stocks denominated in yuan and listed in either Shanghai or Shenzhen, to its widely followed Emerging Markets Index can boost the deman