MSCI Chairman and Chief Executive Henry Fernandez speaking with Reuters.

China's progress toward full inclusion of its stocks in global benchmarks could be halted if it cracks down further on people moving money out of the country

  • "If they reverse course and they restrict the 'out' door, then how can we?" MSCI Chairman and Chief Executive Henry Fernandez told Reuters. "It's going to be hard for the MSCI to put the A shares into the index because we will not be doing a good service to our clients."

Fernandez said capital controls ... are the biggest potential issue MSCI is monitoring in China.

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Who is MSCI and why should you care about this? ...

  • MSCI is a US-based provider of equity, fixed income, and hedge fund stock market indexes
  • Bringing Chinese "A shares" into its MSCI Emerging Markets Index opens the dorr to further investment from asset managers, pension funds and insurers

More at the link, above