Tuesday 1 December 2015

ASIAN MARKET NEWS 02 DECEMBER 2015

The mainland currently holds a 23.9 percent share in the USD 3.5 trillion market-cap global benchmark, and that's set to widen to 26.2 percent by next year, following the addition of heavyweight tech names including Alibaba, Baidu and Qihoo 360 Technology.
MSCI will add the companies at half their December 1 free float-adjusted market capitalization—i.e. the value of the shares held by the public—and then include the remainder at its May 2016 semiannual index review.

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