|
Taiwan: MSCI will remove the MSCI Taiwan Index from the review list for potential
reclassification to Developed Markets from the 2015 Annual Market Classification Review. The
MSCI Taiwan Index will be retained in Emerging Markets.
The Taiwan equity market meets many Developed Markets criteria, including those with respect
to economic development and market size and liquidity, but several shortcomings on market
accessibility continue to prevent the reclassification of the MSCI Taiwan Index to Developed
Markets. There has been a lack of meaningful progress over the past four years in resolving a
number of issues that are critical to international institutional investors. These important issues
continue to be: a) the absence of an offshore currency market for the New Taiwan Dollar, b) the
continued existence of prefunding practices in the Taiwanese equity market and c) the rigidity of
the ID system that makes the use of in‐kind transfers and off‐exchange transactions difficult to
execute in practice. Similarly, these issues represent major misalignments with the standard for
Developed Markets today.
The MSCI Taiwan Index may be added back to the list for potential reclassification to Developed
Markets following meaningful progress toward resolution of the above issues.
一堆分析師預期的台股升格到MSCI 開發中國家,早上被打臉了,不但沒有升格,還從 review list 中移除,看看這三個原因的第一條,新台幣在全球貨幣市場沒有交易,台灣根本不用再想這個問題吧。 |
評分
-
查看全部評分
|