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Foreign investors bet billions on China blue-chips joining MSCI index
Foreign investors are betting US index publisher MSCI will finally agree to include China-listed shares in its emerging markets benchmark this week, stepping up their buying of Chinese blue-chips that could gain from inclusion in the index. The announcement is due shortly after 4.30 pm New York time on Tuesday, June 20 (4.30am Wednesday in Hong Kong). China's securities regulator said on Friday that it hopes MSCI can open its index to China shares, but if not, Chinese capital market reform will not be derailed.
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