FTSE Russell, a global multi-asset index provider, added more A-shares to its global index series on Friday with more to be added in June, which will lead to capital inflows from passively managed funds tracking the indexes.

The smooth implementation of this inclusion reflects the long-term investment value of A-shares and the confidence of international investors in China's high-quality economic development, the China Securities Regulatory Commission (CSRC) said in a statement.

Against the backdrop of the novel coronavirus disease (COVID-19) spread overseas and the sharp fluctuations in the global financial market, the A-share market has been running in an orderly and resilient manner, creating favorable conditions for this round of inclusion, the CSRC said.

The epidemic prevention and control situation in China continues to improve, the recovery of production and living order is accelerating, and fundamentals of China's long-term economic development have not changed. All these positive factors will lay a solid foundation for the healthy and stable development of China's capital market, it said.

The CSRC will promote the two-way opening of the capital market, strengthen and deepen international cooperation to jointly deal with the risks and challenges brought by the COVID-19 to the global economic and financial system, it said.

Related

Go to Forum >>0 Comment(s)