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May 8 (NBD) -- MSCI, a leading provider of research-based indexes and analytics, announced Tuesday it will make public the results of the May 2019 Semi-Annual Index Review for the MSCI Equity Indexes on May 14 (Beijing time). 

The index compiler will unveil additions to and deletions from the indexes at that time. All changes will be made as of the close of May 28, 2019.

In early March, MSCI said it plans to double the inclusion factor of Chinese mainland stocks from the current 5 percent to 10 percent and add ChiNext large cap shares with a 10 percent inclusion factor in May.

National Business Daily noticed that MSCI's rival FTSE Russell has also decided to include China A-shares into FTSE GEIS from June 2019.

JP Morgan Chase & Co. ("JP Morgan") predicted the moves of both companies will bring a foreign capital of up to 150 billion U.S. dollars into the A-share market between May 2019 and March 2020.  

The banking institution maintains a strong bullish attitude towards China's stock market, vice chairwoman for Asia Pacific Jing Ulrich said at a media conference Tuesday. "Since this year, the Chinese stock market has outperformed all other markets across the board," she remarked.

In addition, she stressed, "China's economic growth will continue. To global investors, the oriental nation abounds with opportunities." 

JP Morgan projected China's GDP will reach 29 trillion U.S. dollars by 2030, approximately 90 percent of the size of the U.S.

In the view of Ms. Ulrich, the development of technological innovation, 5G, and healthcare and biological technologies will serve as three major driving "engines" of the Chinese economy.  

Email: lansuying@nbd.com.cn