A Shares Were Once Again Refused To Fall Outside The Gate Of MSCI.
A shares
The result is not expected to be included in the MSCI index.
Although in late 5 and early June, public opinion was generally optimistic about the inclusion of A shares in the MSCI index, not only domestic public opinion believed that A shares were included in MSCI with 80% certainty, but even Goldman Sachs also believed that A shares had 70% certainty in MSCI.
The A share market even rose by 94 points in May 31st, but with the A shares approaching the MSCI voting day, the wind direction of the market has changed significantly.
We should treat A shares in MSCI as a matter of common sense. Some analysts have pointed out that the anti competition provisions taboo by overseas investors have no signs of reform, and the issue of "pretrial power" of A shares has not yet been solved.
Prior to that, Hongkong's Ming Pao quoted MSCI insider as saying that there will not be a press conference on the day of the announcement, with only a global conference call, which is analogous to last year's situation.
In addition, in June 14th, Bank of America said: MSCI's main customers are opposed to A shares.
On the same day, Soros was betting on A50 and was short of money.
More importantly, on the 12 day of the 2016 Lujiazui forum, Qi Bin, director of the securities and Futures Commission and director of the international cooperation department, also said the Commission was included in the A share market.
MSCI
The attitude is "let nature take its course".
To a certain extent, it also reveals that the SFC is not at all aware of this matter.
Therefore, A shares were again rejected by MSCI, which is a harbinger of no surprises.
We have an old saying in China that "people are valuable and have self-knowledge".
The status quo of the A share market should be very clear to us.
The A share market is an extremely immature market. It is not only a speculative City, but also a money market.
Securities Law
"Publicly protect fraud and listing crimes, and the interests of investors are hard to protect in this market.
In the A share market, a company like a movie star has a value of 3 million yuan, but it can be valued at seven or eight billion.
There is no more mixed stock market than the Chinese stock market, and there is no more pits than the Chinese stock market.
Such a market can not even deceive the domestic investors. How can it attract international investors? After all, investors in the international market are flickering masters.
They traveled far and wide, and they had more bridges than we walked. They ate more salt than we could eat. How could they not see the problems in our A share market? Of course, they would not be fooled.
I really oppose the idea that A shares should be included in the MSCI index.
Strictly speaking, it is no objection, only to tell the truth.
After all, the A share market is full of lies, and it is hard for investors to hear the truth.
Moreover, MSCI can become the world's largest index, and it is closely related to Ming Sheng's responsibility to customers.
Since it is responsible to customers, of course, we must check the entry of MSCI.
The A share was rejected in the MSCI index, reflecting the spirit of Ming Sheng's responsibility to customers.
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