(Bloomberg) China has boosted the chance of getting its domestic stocks included in MSCI Inc.’s main benchmarks after approving a program that will allow investors in Hong Kong to trade equities on the Shenzhen exchange.
By further opening its $6.5 trillion domestic share market to foreign traders, China is addressing limitations to mainland trading flagged by MSCI when it rejected the stocks for a third year in June. Global investors praised the regulator’s decision on Tuesday.