Adani Group: MSCI to reduce free float in Adani Total Gas, Adani Transmission in May review

Adani Group: MSCI to reduce free float in Adani Total Gas, Adani Transmission in May review

MSCI Inc will reduce the foreign inclusion factor (FIF) for Adani Total Gas and Adani Transmission during index review exercise later this month, the global index aggregator said in a release late Friday. Free float is defined as the proportion of outstanding shares available to buy or sell in public markets by international investors. MSCI … Read more

MSCI CEO dismisses concerns Chinese stocks are ‘uninvestable’

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By Abhishek Vishnoi MSCI Inc., the world’s biggest index provider, shook off concerns about the “investability” of Chinese stocks following recent Beijing’s regulatory crackdown, citing previous instances where markets rebounded in the aftermath. Regulatory compliance has weighed on China “every three, four, five years and obviously the markets have sold off at the time. But … Read more