Skip to Content

MSCI China A Inclusion Index

Investors can access the Chinese equity market through several share classes, the largest being A shares – those that trade in mainland China on domestic exchanges. MSCI started to partially include China large-cap A shares in the MSCI Emerging Markets Index on May 31st, 2018. Under the current partial inclusion plan, China A shares will have a weight of 5% this year (split into two phases). In the event of full inclusion, China equities would exceed 40% of the MSCI Emerging Markets Index 1

The MSCI China A Inclusion Index is designed to track the progressive partial inclusion of A shares in the MSCI Emerging Markets Index over time. It currently includes large cap A Shares and in the event of further inclusion of A shares to the regional index, the newly eligible A shares will be added, reflecting those A shares compatible with Stock Connect and based on the offshore RMB exchange rate.  


1 China would comprise 31.3% of the MSCI Emerging Markets Index at 5% inclusion as of August 2018 (left panel), based on data used for MSCI’s May 2018 Semi-Annual Index Review. At a hypothetical 100% inclusion (which may or may not occur in the future), China would comprise 42% of the index, based on the current market capitalization. All figures are approximate.



MSCI China A Inclusion Index

Performance | Factsheet

MSCI China A Inclusion Hedged Index

Performance | Factsheet


What does the partial inclusion of China A Shares mean for investors?

China A-Shares: Too Big to Ignore

Our analysis shows that there are significant differences in the fundamental characteristics of the MSCI China and MSCI China A indexes. Together, they can provide a more complete and representative proxy for China GDP.


As a result of recent market liberalization efforts, China – the world’s second largest economy – has become more accessible for international institutional investors.

Back to Top