MSCI looks to quadruple the number of China A-Shares into the MSCI Emerging Markets Index in 2019.
It is now more than likely that the London-Shanghai Stock Connect trading scheme will be up and running, with a go-live date pencilled in for December.
Clearstream has become the first international fund services provider that can directly route orders from eligible Hong Kong institutional investors into Mainland China funds.
Regulators grant Standard Chartered domestic fund custody license to provide services to investment products offered by domestic funds and asset managers in China.
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
The adoption of the new settlement system could significantly boost foreign investment into the Chinese domestic bond market.
China's inclusion into the MSCI Emerging Markets Index has driven a dramatic increase in foreign institutions opening up special segregated accounts (SPSAs).
Positive sentiment to investing in China has largely been influenced by clearer and more flexible access schemes for foreign investors.
The launch of the service follows the go-live of China A-Shares on the MSCI Emerging Markets Index for the first time.
Around 70% of the nearly 230 mainland-traded stocks joined MSCI’s emerging markets and global indexes on Friday.