FTSE to launch two emerging-markets indices for China stocks

FTSE Group plans to include Chinese stocks in two new emerging-markets indices in what the company has described as a transitional move before it ultimately adds mainland shares to its benchmarks, Bloomberg reported, citing a statement released at a briefing in Hong Kong. FTSE is due to decide in September whether yuan-denominated shares will be added to its global indices tracked by international money managers. The new gauges will be called FTSE Emerging Markets China A Inclusion Indexes; one will be for stock in companies of all sizes, the other for stock in mid-sized firms.