The continuous rally in China's stock market is grabbing the attention of global investors. The internationalization of the Chinese equity market is expanding index provider FTSE Russell is launching two transitional indices that will include China's A share market. Morgan Stanley is considering the same.
The red hot growth in the Chinese market is fuelling investment returns and giving US investors a bullish view of China.
Exchange-Trade-Funds firm Kraneshares has holdings in 320 stocks listed in China -- representing a quarter of their managed assets.
Other wall street institutions have been more cautious, keeping an eye on Chinese market without actually investing.
That's partly due to limited access to the market. Foreign funds account for only four percent of A share investments, according to UBS. But many are still watching closely.
Despite the recent jitters, many institutions say they believe in the long term growth prospects of the Chinese market. Further reform and opening up of the Chinese financial sector will no doubt serve to expand that sentiment.