EMD1 – Issue 412

Kweichow Moutai and Hikvision take the lead as A-shares make MSCI debut

Plus: how Ant Financial hopes to hold up $150 billion valuation; WiC talks to a pioneering AI firm from Shenzhen; and the pressure builds in China’s corporate bond market

Also: Fan Bingbing probe triggers slump in studio share prices; top furniture maker opts for Norwegian wood in its debut overseas M&A deal; and state cracks down on illegal smuggling of rubbish into China