The reweighting from MSCI was announced earlier in August but it takes effect today
As a reminder:
- MSCI has raised the inclusion factor of Chinese large-cap stocks from 10 to 15%
This is expected to bring in 22bn USD in foreign inflows. Which is timely given the sliding yuan I guess (PBOC might get a day off from worrying about capital outflow). Given the move was announced weeks agao there shouldn't be too mcun spot impact now.
