China's Stock Suspensions Seen as Obstacle to MSCI Inclusion
- Majority of participants in survey name halts as concern
- Half of nation's equity market shut down during 2015 rout
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If anything stops MSCI Inc. from including Chinese shares to benchmark indexes in its review, it will be the overuse of trading halts.
That’s according to a Bloomberg poll of strategists and fund managers, with 16 of the 23 surveyed naming stock suspensions as a main obstacle to inclusion. Capital controls, government intervention, stock beneficiary ownership and cross-border investment quotas were other common concerns ahead of MSCI’s decision in June, the survey showed.