Chinese stocks carved out their biggest gain in two months amid speculation that A-shares could be included in MSCI’s global benchmarks.
The Shanghai Composite ended 3.3 per cent higher, while the technology-focused Shenzhen Composite gained 4.1, the biggest one-day advance for both indices since March 2.
Chinese markets have in general, been quiet of late, with the Shanghai Composite trading in roughly a 300 point range over the past two months. But there’s some speculation that Chinese shares may be included in MSCI’s emerging markets indices, which is prompting some opportunistic buying ahead of that potential decision.
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