This reshuffling is going to boost the index to a new level by reducing on the heavy weighted financial stocks like ICBC. For the next decade, China will be focusing on 5G, Al, Ecommerce, EV, digital payment gateway, healthcare, etc. Many aspiring companies in this list are not included in the index and that would soon change.
3 weeks later, it has done a fantastic job. It has now breaks out of the bearish trend line and is expected to soar even higher. Find a good entry to go long
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