FTSE index changes likely to affect China, Hong Kong, Korea flows
South Korea is classified as a developed market. Red-chips will move from Hong Kong to China. Taiwan will stay an emerging market. China A-shares remain on a watch list.
At the close of trading on September 18, global index provider FTSE will be implementing country classification changes that were decided at its annual review this time last year. For Asia, the most significant changes involve China, Hong Kong and Korea.
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