Keep Eyes on Positive Impact on MSCI Thai as MSCI China All Shares Tends to Delay
Analysts recommend keeping eyes on the possibility of positive impact on MSCI Thai as MSCI China All shares tends to delay its effective date.
Mr. Koraphat Vorachet, Nomura Securities’ analyst, stated that MSCI aims to postpone the index adjustment of MSCI All China to MSCI China All Shares from June 1, 2019 to November 26, 2019, giving the market time to prepare for the big change. for the market to be more ready
It is unclear whether the six-month extension to November 26,2019 will impact on China A-share Market or not. The overall impact is currently under review.
In case of having an impact on the China A-Share weight increase in May, it could reflect a positive effect on MSCI Thailand which previously would lost -$135, -$110, and -$48 million from the weight increase of China A Shares on May, August, and November.
In term of weight increasing of MSCI Thailand in May, the inflow remains the same at $2.6 billion.