A-share, namely RMB common stock, is the stock market in Chinese mainland. The inclusion of A shares in MSCI index means that China stock market is included in the global stock market index system, which will have a series of impacts on China capital market.
The impact of the inclusion of A shares in MSCI index mainly includes the following points:
1. Enhance international popularity: The inclusion of A shares in the MSCI index will help to enhance the international popularity and influence of China's capital market and attract more international investors to pay attention to and invest in the China stock market.
2. Promote market reform: In order to be included in the MSCI index, the China government needs to carry out a series of reforms in the capital market, such as improving market access, enhancing transparency and strengthening investor protection, which will promote the further maturity and development of China's capital market.
3. Increase foreign capital inflow: With the inclusion of A shares in MSCI index, international investors will pay more attention to and invest in China stock market, which will bring more foreign capital inflow and help to enhance the liquidity and activity of China market.
4. Promote the internationalization of RMB: The inclusion of A shares in MSCI index will help promote the internationalization of RMB and improve its position and influence in the international financial market.
5. Impact on listed companies: The inclusion of A-shares in MSCI index will prompt more listed companies to pay attention to corporate governance and information disclosure, improve the quality of listed companies, and then enhance the investment value of the whole market.
It should be noted that the inclusion of A shares in MSCI index is a gradual process. At present, it only includes some A shares. In the future, with the further development and reform of China's capital market, more A shares will be included in the MSCI index, which will have a far-reaching impact on China's capital market.