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Asian shares up as MSCI weighting plan lifts China
Asian shares edged up on Friday after index publisher MSCI announced it would raise the weight of Chinese mainland shares in its global benchmarks, while strong U.S. economic data lifted the dollar. China's blue-chip CSI300 index surged 2.2 percent to finish off its best week since November 2015, after MSCI said it would quadruple the weighting of China's A-shares in its global benchmarks later this year, potentially drawing more than $80 billion of fresh foreign inflows to the world's second-biggest economy.
https://finance.yahoo.com/news/asian-shares-slightly-higher-u-012701616.html?.tsrc=rss
Asian shares edged up on Friday after index publisher MSCI announced it would raise the weight of Chinese mainland shares in its global benchmarks, while strong U.S. economic data lifted the dollar. China's blue-chip CSI300 index surged 2.2 percent to finish off its best week since November 2015, after MSCI said it would quadruple the weighting of China's A-shares in its global benchmarks later this year, potentially drawing more than $80 billion of fresh foreign inflows to the world's second-biggest economy.
https://finance.yahoo.com/news/asian-shares-slightly-higher-u-012701616.html?.tsrc=rss
