Investors react to MSCI
By Wu Yiyao in Shanghai | China Daily | Updated: 2017-06-23 09:34
Wanda Film trading halted, tumbling almost 10% on market speculation
China's A-share market opened buoyantly in Thursday morning trading, climbing higher over excitement about MSCI's decision to include mainland shares in a key index. But gains were erased in the afternoon on profit-taking and weakness in small-cap stocks. Analysts, however, said they remained bullish about A-shares in the long run as a result of the development.
The blue-chip CSI 300 index rose 0.1 percent to 3,590.34 points, while the Shanghai Composite Index lost 0.3 percent to 3,147.45 points.
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