NEW YORK -- Global index provider MSCI will drop 66 companies from its benchmark China index after Feb. 29 and trim the country's weighting in its Emerging Markets Index as Chinese equities continue to slump.
India gains ground in benchmark Emerging Markets Index
The MSCI China Index was down nearly 25% in the 12 months through the end of January. © Reuters
NEW YORK -- Global index provider MSCI will drop 66 companies from its benchmark China index after Feb. 29 and trim the country's weighting in its Emerging Markets Index as Chinese equities continue to slump.