作者:萧乃莹  马绍基  牟牧  Millie Burnett  金杜律师事务所

去年花里逢君别,今日花开又一年。距离明晟公司(“MSCI”)宣布将中国A股纳入其主要全球指数(“2017年决定”)已近一年,在“关于MSCI纳入中国A股系列”的第三篇客户通讯中(本系列前两篇文章可点击链接查阅:第一篇客户通讯第二篇客户通讯),我们将回顾2017年决定的主要内容,并就2017年决定中指出的问题(包括沪/深港通的每日限额,以及境外机构所面临的离岸人民币流动性问题等)简要分析新近采取的各项应对措施。
Continue Reading 中国牵手全球市场:自2018年6月1日起,明晟公司(MSCI)将中国A股纳入其主要全球指数体系

作者:马绍基 萧乃莹 牟牧 吴颖敏和Marina Lauer 金杜律师事务所香港办公室

mazzochi_rsiu_m明晟公司(“MSCI”)于6月21日公布了其《2017年度市场分类评估》的结果,方案决定将中国A股纳入到明晟新兴市场指数(MSCI Emerging Markets Index)及其他主要全球指数。

MSCI的决定对于中国股票市场及全球投资者而言实为又一重要突破。在全球各地追踪这些指数表现的投资基金及金融产品将可能于2018年6月起受托投资中国A股市场。
Continue Reading 中国A股成功出线:明晟公司(MSCI)决定于2018年6月起将中国A股纳入其主要全球指数

By Minny Siu, Richard Mazzochi, David Mu, Jessie Ng and Marina Lauer King & Wood Mallesons’ Hong Kong office.

siu_mmazzochi_rToday, MSCI Inc. (“MSCI”) announced the results of its 2017 Annual Market Classification Review, including its decision on its proposed inclusion of China A-shares in its MSCI Emerging Markets Index and other major global indexes.

This is yet another important breakthrough for China’s equity market and for global investors. Investment funds and financial products tracking these indexes globally will now be mandated to invest in the China A-shares market from June 2018.
Continue Reading Home Run for China A-shares

作者:马绍基萧乃莹、牟牧、吴颖敏、Marina Lauer 金杜律师事务所香港办公室

mazzochi_rsiu_m明天,明晟公司(MSCI Inc.)(“MSCI”)将公布其《2017年度市场分类评估》的最终结果,而中国A股在连续三年尝试后能否突围成功,被纳入到明晟新兴市场指数(MSCI Emerging Market Index)中,一直备受市场关注。明晟公司将根据其《全球可投资市场基金方法论》得出最终的评估结果,这套方法论融合了其市场准入标准的18种具体评估办法。如果明天的评估能够支持纳入中国A股,将成为中国股权市场的又一突破性发展,从而获得投资基金及金融产品的青睐,促使他们在重新进行资产配置的过程中逐步考虑中国A股。
Continue Reading 明晟公司(MSCI)将于明日发布《2017年度市场分类评估》:万事俱备,只欠东风?

By Minny SiuRichard Mazzochi, David Mu, Jessie Ng and Marina Lauer King & Wood Mallesons’ Hong Kong office.

siu_mmazzochi_r
Tomorrow, MSCI Inc. (“MSCI”) will release the results of its 2017 Annual Market Classification Review. There has been intense market focus on whether China A-shares will be, after the previous 3 attempts, included in the MSCI Emerging Markets Index.MSCI’s decision will ultimately be based on its Global Investable Markets Indexes Methodology, which includes 18 measures across its market accessibility criteria. If tomorrow’s review supports the inclusion of China A-shares, this would be another significant breakthrough for China’s equity market and attract new mandates from investment funds and financial products rebalancing their asset allocation to include China A-shares.
Continue Reading MSCI’s 2017 Annual Market Classification Review due tomorrow: a recap of what’s at stake for inclusion of China A-shares