How will China's equity market expansion impact portfolios?

For equity investors seeking substantial access to the Chinese market, 2018 brought welcome news.

The China Securities Regulatory Commission (CSRC) announced it would undertake a new pilot scheme in which three mainland companies will be allowed to release some of their non-tradeable H-shares into circulation on the Hong Kong Stock Exchange. If the scheme proves to be a success this time round, then it could be rolled out to other mainland firms listed in Hong Kong. According to UBS research, we are sitting on non-tradeable H shares worth a collective HK$2.6trn ($332bn).  If this all sounds familiar, that is because it has been done before.  MSCI launches 12 China indices in pr...