S. Korea stocks may see outflow of upto 4.3 trln won after MSCI includes China – RTRS

A senior Korean government official said on Wednesday, the South Korean equity markets could see outflows of up to 4.3 trillion won following China A shares inclusion in the MSCI's global indexes, Reuters reports.

The South Korean regulator (the Financial Services Commission) said in a policy meeting in Seoul, the country's weight in the index will shrink by 0.23 percentage points to 15.2 percent, as China's weighting increases to 28.4% from 27.7%.