SFC Responded MSCI Delayed In China'S A Shares

In June 15th, the spokesman of the China Securities Regulatory Commission, Deng Ge, told reporters about the delay in putting China's A shares in the MSCI index when asked by MSCI Ming Sheng company. It has noticed the news from the media. It also noted that MSCI Ming Sheng said that China's A shares should continue to be included in the audit list of its emerging market index.

The MSCI Ming Sheng emerging market index is the index of a commercial organization. The CSRC agrees and supports MSCI's decision to include A shares in the index, and whether it is incorporated or not is MSCI's business decision.

Deng Ge said that China is already the second largest economy in the world, and the international influence of the A share market is gradually improving. Any international index without China's A shares is incomplete.

The decision to delay the inclusion of the MSCI Ming Sheng company will not affect the reform and opening up process of China's capital market and the direction of marketization and rule of law. Building a long-term stable and healthy capital market is our own needs.

Electric Morgan Stanley Capital International Inc announced on the 14 day that it would delay China's A share in its emerging market index.

It should be noted that A shares' accession to MSCI is not "win win or lose". The docking between them should be a process of benign interaction, success and success.

Zhang Jun, managing director of the US Rosen Blatter securities company and Zhang Jun, head of China regional research, said that the characteristics of phased development of A shares in China are still more obvious.

It is necessary to steadily push forward with its own national conditions, and there is no need for deliberate adjustment in order to join the MSCI.

Morgan Stanley Capital International Inc (MSCI) announced on 15 th, its emerging market index will not be included in the A shares for the time being, and A shares and Hong Kong stocks will fluctuate as a result of the news.

The failure to be included in the MSCI emerging market index has not made a big impact on the Hong Kong stock market. Investors have shifted the focus to the opening of Shenzhen Hong Kong Tong. The Shenzhen Composite Index and the gem index rose more than 3% yesterday.

At present, the draught of A shares is on the gem.

Trading volume is also mainly concentrated in small and medium sized enterprises, so the Shenzhen Stock Exchange has no intention to save Shen Cheng Zhi deliberately. Vanke's impact on the entire market is minimal.

If the Shenzhen Stock Exchange really makes the decision of "Vanke resumption after the trend is not included in the index", that is the suspicion of holding shares.

Today, the Disney resort in Shanghai is officially open to greet visitors. "Mitch Street", "fantastic garden", "Adventure Island", "Tomorrow World", "treasure bay" and the "dream world" park with fantastic fairy tale castle are six open theme parks.

As one of the largest foreign investment projects in China's history, it is also Disney's largest overseas investment project. The Shanghai Disney resort has attracted worldwide attention.

RMB loans increased by 985 billion 500 million yuan in May, a sharp rebound compared with 555 billion 600 million yuan in April.

Residents' long-term loans increased by 528 billion 100 million yuan in the month, a new high since 2008, more than half of the new loans. This shows that banks continue to increase their retail loans, and the demand for housing mortgage loans is still strong.

In response to recent concerns about China's debt problem, the State Council office yesterday invited Li Yang, director of the Academy of Social Sciences and director of the national finance and development laboratory, as an independent state think tank, to introduce relevant situations and answer questions from reporters.

He said that China has enough assets to deal with debt risk, and there is no debt crisis.

Li Yang believes that the Chinese government's debt is in the controllable range.

At the end of 2015, the central government debt included in the budget management was 10 trillion and 660 billion yuan, and the local government debt was 16 trillion yuan. The total government debt was 26 trillion and 660 billion yuan, accounting for 39.4% of GDP.

If we join the local financing platform, we will estimate the government debt level by 56.8%, which is lower than the European Union's 60% warning line.

This figure is 200% in Japan, more than 120% in the United States, over 120% in France, 80% in Germany and around 100% in Brazil.

The Shenzhen Stock Exchange issued a notice yesterday to clarify the market's concern about the "Vanke resumption after the trend is not included in the index" rumors.

The announcement said yesterday that some media and self media accounts were called "the important announcement of the Shenzhen Stock Exchange": the 10 trading days after Vanke A resumption, its trend is not included in the major indexes.

Regarding this, the Shenzhen Stock Exchange solemnly declares that the Shenzhen Stock Exchange has not issued the aforementioned announcement, nor has it issued the arrangements for the foregoing announcement.

In view of the fact that the above information may be misleading to market investors, the Shenzhen Stock Exchange will retain the right to investigate its legal liabilities according to law.