Reported about 6 hours ago
MSCI Inc. has announced the removal of 20 Chinese stocks from its indexes, including the MSCI China Index, following over 200 removals in the previous year. This change, effective after Feb. 28, highlights the declining attractiveness of Chinese equities, even as the market experiences a 15% rebound since January. The latest removals predominantly involve companies from the healthcare sector, reflecting a trend of diminishing influence of Chinese stocks in global markets, overshadowed by competitors from India and Taiwan.
Source: YAHOO