Taiwan, Korea still emerging

As opposed to developed, says FTSE.

Global index provider FTSE has decided to retain Taiwan and South Korea's classification as 'advanced emerging markets.' This means they will not be upgraded for inclusion in FTSE's developed-markets indices and will not, therefore, see a rush of pension funds and other institutional investors, primarily in the UK, to invest in their stock markets.

Similarly, FTSE's equity index committee has decided not to include Chinese A shares into its global equity indices.

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