MSCI

UBS predicts 10% MSCI China Index rise on profit growth, buy-backs

2 Sep 2024 - 4:35PM

MSCI China ejects 60 Chinese stocks as global investors turn to India

13 Aug 2024 - 5:00PM

China-Middle East investment links an ‘untapped world’: MSCI director

Two regions can revitalise historical connections through financial collaboration, but more understanding is needed, says a director with index provider MSCI.

13 May 2024 - 9:55AM

Zhen Wei, managing director and global head of China research at MSCI, attends the Capital Markets Forum at Hong Kong Exchanges and Clearing in Central on May 9, 2024. Photo: Edmond So

US-China relations

Xi-Biden call, electric ‘beng bengs’: 7 US-China reads you may have missed

Struggling US-China ties, a human rights shock and a student in big trouble: these are the highlights from the SCMP’s overseas correspondents from April 2024.

31 May 2024 - 8:43AM

MSCI cuts dozens of Chinese stocks from global indices, raises India’s weightage

MSCI has cut dozens of Chinese stocks from its global benchmark indices in its February review. It added five stocks from India, which has the second-highest weightage in the MSCI Global Standard index, after China.

14 Feb 2024 - 8:47AM

Hong Kong stock market

HKEX sees derivatives, ETF trading rise to offset slump in IPO, stock market

Hong Kong Exchanges and Clearing (HKEX), which runs Asia’s third-largest stock market, reported strong growth in derivatives trading despite a big fall in new listings, in an indication that the bourse operator has successfully diversified its business model.

20 Dec 2023 - 8:30PMvideocam

Hong Kong Exchanges and Clearing (HKEX), which runs Asia’s third-largest stock market, reported strong growth in derivatives and ETF trading. Photo: Bloomberg

MSCI adjusts China indices as investors flock to undervalued SOEs

Index compiler MSCI has revised its China stock gauges to better track the country’s public companies at a time when local investors are flocking to undervalued SOEs, but analysts say non-state-owned firms were also worth looking at.

12 May 2023 - 6:03PM

Chinese banks lead US peers on climate risks analysis, but must do more: MSCI

Just two of the 25 Chinese banks among the banking constituents of the MSCI ACWI global equity index had published analysis on the importance of climate risks to their operations as of October 30 last year.

12 Jan 2023 - 8:32PMvideocam

Morgan Stanley lifts MSCI China target on robust cyclical recovery possibility

The alignment of economic, regulatory and Covid policies for the first time in four years is likely to result in stronger stock market recovery, according to a Morgan Stanley report.

10 Jan 2023 - 2:32PM

Morgan Stanley has lifted the target for the MSCI China Index, a major benchmark for Chinese offshore stocks, by 14 per cent this year. Photo: Shutterstock Images

Business of climate change

Macroscope | For markets in 2023, much hinges on how quickly inflation recedes

Inflation is cooling but remains above central banks’ targets, which suggests room for interest rates to rise further, putting pressure on markets amid a global slump.

6 Jan 2023 - 11:05PM

US shoppers walk along 5th Avenue on Black Friday in New York on November 25. The country added 263,000 jobs in November amid the surging rate increases by the Federal Reserve. With the American labour market still tight, risks to inflation remain high. Photo: Bloomberg

India

Macroscope | Are the stars aligning for India’s economy to shine?

At a time when much of the world is expected to fall into recession, domestic and external forces are helping to transform and lift India’s economy. The big question, however, is whether India, long touted as the next China, is resilient and reform-minded enough to continue on its upward trajectory.

13 Oct 2022 - 11:06PMvideocam

Only 11 per cent of listed firms globally on track for key climate goal

Listed companies globally are putting greenhouse-gas emissions into the atmosphere at a rate that would warm the planet by 2.9 degrees Celsius, far above a crucial 1.5-degree target, according to MSCI.

30 Jun 2022 - 3:30PMvideocam

Exclusive | ‘Father of emerging markets’ says Chinese stocks have reached bottom

Investors should resist the temptation of using index funds – ones that invest according to the weightings of an index – to return to the market, warns Mark Mobius.

19 Apr 2022 - 9:25PMvideocam

China’s stock market is likely to have reached the bottom, according to Mark Mobius, dubbed the ‘father of emerging markets’. Photo: Jonathan Wong

Russia

Russia isolated as FTSE Russell, MSCI eject bonds, stocks from indices

Russian stocks and government bonds are being shunned for compliance and ethical reasons while index compilers move to delete them from emerging-market benchmarks.

9 Mar 2022 - 12:52PMvideocam

People walk past a currency exchange office in central Moscow on February 28. Photo: AFP

Hong Kong stock market

Temasek cuts Alibaba, adds JD, Pinduoduo amid Chinese stock slump

Singapore’s state investment firm tweaked portfolio as steep losses persisted into the final quarter of 2021 following an unprecedented crackdown on internet-platform companies.

15 Feb 2022 - 6:00PMvideocam

MSCI’s chief dismisses concern that Chinese stocks are ‘uninvestable’

MSCI’s optimism on China stands in contrast to investors who have pulled out, and wiped out about $1 trillion from the value of local stocks last month.

24 Aug 2021 - 3:38PM

HKEX

HKEX to launch A-shares futures in October, deals blow to Singapore

HKEX has entered into a new licensing agreement with global index provider MSCI to launch the new futures contract based on the MSCI China A 50 Connect Index.

23 Aug 2021 - 4:06PMvideocam

Bronze sculptures of bulls, the symbol of the Hong Kong Stock Exchange and the flag of HKEX flying next to the Hong Kong SAR flag, at the Exchange Square in Central on 2 June 2020. Photo: Winson Wong

MSCI to drop China Mobile, other Chinese telecoms stocks from benchmarks

Hong Kong-listed shares of China Mobile, China Telecom and China Unicom to be dropped at close of business on Friday, MSCI said. S&P Dow Jones and FTSE Russell in deleting the trio before Monday trading.

8 Jan 2021 - 2:16PM

Stocks exposed to China defy two years of trade war, MSCI index shows

US chip makers have led the gains on an equity index tracking the biggest global companies that derive a big chunk of their revenue from China since 2018, when the trade war between Washington and Beijing first flared up.

8 Jul 2020 - 11:13PMvideocam

Macroscope

As equities improve, emerging markets and Europe look like good bets

Amid a dramatic US-led stock market rebound, overlooked emerging market equities stand to reap the benefits of a cyclical upturn, subject to US dollar strength, while European equities are increasingly attractive after recent policy boosts.

29 May 2020 - 10:32PMvideocam

International Monetary Fund China staff member Lin Jianhai and European Central Bank president Christine Lagarde attend the IMF Finance Committee Plenary on October 19 last year. Photo: Reuters

HKEX

What Singapore loses, Hong Kong gains as HKEX offers MSCI derivatives

MSCI said it views Hong Kong as a major international financial centre for “years and decades to come” and the move is a bet on future access to a larger base of Chinese investors.

27 May 2020 - 10:31PMvideocam

Flags are raised outside the Hong Kong Exchange Square building in Central, following the coronavirus outbreak on March 24. Photo: Robert Ng

Trump wants to ban US$50 billion of US funds from China’s stocks

The offshore yuan was among the biggest decliners in emerging markets Friday, weakening by the most in a month.

2 May 2020 - 10:20AM

Major emerging-market indices increase China shares to new high

The change will compel US pension funds, mutual funds and other institutional investors that track the benchmarks to add billions of dollars more to yuan-denominated shares of Chinese companies.

27 Nov 2019 - 2:30PMvideocam

A-shares

MSCI move to boost inflow into China shares by US$7 billion

Although mainland traders remain bullish, international institutional investors say a number of hurdles remain, including insufficient risk management tools, differences in trading holidays between China and Hong Kong, and short settlement cycle of A shares

26 Nov 2019 - 11:06PM

Investors chat as they monitor stock prices at a brokerage house in Beijing. Photo: AP Photo

Rubio duels with MSCI over investors’ money in Chinese stocks

Rubio’s pressure on MSCI is part of a larger campaign by US lawmakers to slow the spigot of money that has flowed from US investment funds into Chinese companies.

22 Oct 2019 - 3:54PM

Trader Peter Tuchman on the floor of the New York Stock Exchange on Monday, July 8, 2019. Photo: AP

Repeat of 2015 stock crash will shatter investor confidence: Jessie Pak

Massive trading suspension cannot happen again as global investors have a higher exposure to A shares, says Jessie Pak, managing director for Asia at FTSE Russell.

11 Sep 2019 - 9:44PM