China’s weight in emerging-market index drops to record low

The Chinese stock market accounted for 23.77% of the MSCI Emerging Markets Index as of Dec. 31, according to Bloomberg calculations, while Goldman Sachs Group Inc. put the latest weight at 26.4%, citing FactSet data. Either way, this is the lowest since 2017, when the New York-based firm announced the addition of China’s mainland stocks, so-called A shares, to the index.

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