Market impact analysis of China A-shares into MSCI index - comparison of volatility between MSCI China international index and CSI 300 index

摘要

In June 21, 2017, MSCI officially announced that from the beginning of June 2018, China A-shares will be included in the MSCI emerging markets index and MSCI ACWI (All Country World Index) global index. The significance of this paper lies in: through the comparison of the relevant index's volatility, from the results of empirical research, we analyzed the domestic investors investment behavior, explained the significance of China's A-share index into MSCI index, and put forward the corresponding suggestions of the development of Chinese securities market.