The Wall Street Journal reports signs are growing that investors are piling up bets on Chinese stocks, anticipating a decision to include the shares in a major world index. Tuesday, global investors’ massive purchases of a Hong Kong exchange-traded fund that tracks mainland shares helped drive the Shanghai market’s biggest gain in nearly three months. The buying was a seen as vote of confidence that global index provider MSCI will decide to add some of China’s largest listed companies to an influential index—a decision set for after U.S. markets close on June 14. A year ago it decided against including the shares.
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