MSCI chief flags where China needs stock progress

While China is still some way from meeting the requirements for inclusion in MSCI’s emerging-market indices, the index provider's chairman and chief executive says mainland A-shares could make sufficient progress by the next review, to be announced in June 2017. Speaking to AsianInvestor at his office in New York, Henry Fernandez said: “We are very optimistic that the reforms that are taking place are going to help us continue to look at this favourably.” But he made it clear that…