Quotas on the Shanghai-Hong Kong Stock Connect are set to rise sharply as part of China’s push to qualify its domestic stocks for inclusion in the widely-tracked MSCI Emerging Market Index, say market participants.
An announcement could come as early as today if regulators and stock exchange officials in mainland China and Hong Kong agree they want to be seen making necessary reforms in advance of MSCI's deadline. Sources tell FinanceAsia that an announcement regarding quotas and other factors is ready pending final approvals.
The Hong Kong and Shanghai stock exchanges may also combine a quota increase with announcements for a futures contract for China...
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