The Chinese stock market accounted for 23.77% of the MSCI Emerging Markets Index as of Dec. 31, according to Bloomberg calculations, while Goldman Sachs Group Inc. put the latest weight at 26.4%, citing FactSet data. Either way, this is the lowest since 2017, when the New York-based firm announced the addition of Chinas mainland stocks, so-called A shares, to the index.
(Bloomberg) China’s share of a key emerging-market equity benchmark dropped to a record low, highlighting how a bearish outlook for the world’s second-largest economy is diverging from the rest of an asset class it once dominated.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingChina Says It Caught Foreign Consultant Spying for UK’s MI6The Chinese stock market accounted for 23.77% of the MSCI Emergi