European index-maker STOXX recently launched an index for those looking to invest in—or hedge—a pure-play in the U.

Company List | SHANGHAI STOCK EXCHANGE

But overlooked was arguably the biggest story of the day. MSCI--one of the world's largest index providers will decide this afternoon whether or not to include China listed shares in its globally tracked Emerging Market index.

SHANGHAI STOCK EXCHANGE

Yahoo Finance editor in chief Andy Serwer and Yahoo Finance's Seana Smith discuss how important is this decision for China as it tries to open up its financial markets and what it means for individual investors.

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