the ceoe you spoke to of msci.ll that he he really does expect that markets will continue to open after a steady and stable rate. the question was around the pace of that. closelypposite worked with the vice-chairman of securities regulator here. they receive strong support from this. also interesting to hear that the next focus in 2018 is looking are has to include mid-caps further down the line. also hope that this decision was welcomed and appropriate. expect itaying they could lead to inflows between eight and 10 billion u.s. dollars. >> good feelings all around it seems. i want to play for you part of our interview with henry fernandez when he talks about expanding the number of shares going into the index. support withstrong the proposal put in place. we were able to get stronger support to revise it to a larger number of caps. that was one thing that was important. >> how important is it? >> it is obviously quite significant that china is finally part of these benchmark indexes. he did note that it is also a

th ceoe. how bad were the earnings? also the optics of not having the ceo there in the call?> well, it was a different softbank that we saw yesterday with the loss of their -- it reported its fourth quarter of losses. the losses were smaller due to some bottoming out and some of the visions fun traded stock. the ridesharing company like gra b. the tone was different. the optics, it's not good to have the man who is makin gall the d -- making all the decisions not there. at the same time, the tone was one to reassure creditors. the cfo is a former banker. his language was very cautious. there were no geese with golden aches dancing, for instance. he talked about how softbank would stay in defensive mode. he said that there was ample cash to turn offensive in the future. we got a taste of that yesterday. haidi: what did we hear in terms of the plans for vision fund three? >> so, we had an exclusive interview with the vision fund cfo. he said that once the vision fund's capital is deployed at there is still $6.5 billion left in the vision fund. once that is deployed, they will m

the new ceoe seeing would have to manage a compensated relationship between nissan, renault and mitsubishis the problem as we continue to see shareholdings that are clear but not controlled. alexander: the difficulty is theoretically the wrench should be running the operation. it is a government -- renault is a government controlled company but the french government doesn't want to step up. when you look at carlos ghosn, he was looking to bring the company together and integrate and merge. path.y, took the opposite you have to assume some of his, the people that worked for him, would still be following that. we are left with who is really in charge and what will go on? one man said clean sweep, shuffled the management but the only two people that really changed was the american female lawyer that came in and the japanese x racing driver who was also female. those were the two nonexecutive thectors who drove to get second key ceo -- the second ceo kicked out after he wants to get paid more. we even know the extent of what appears to be a fairly deep rocked in the corporate governance -- rot

. >> the head count to hundred the ceoe and we will -- spoke exclusively to bloomberg at the company's> we will have to go to the capital market to have to show what we have. during the last two years if you heard about ferriday it was mainly about the challenges. at least i heard it from outside. but if you come here and i think you have the chance to see it today, there so must substance here that comes to technology, to the product and to the business model. and this we have to communicate we have to make people understand that this is the most advanced start up company of all those new companies. >> you noted the issue of fundraising. what is the situation. how well-capitalized is faraday, and whats do you need we you get them? >> that is a good question. you have to understand what is going on now in the capital market. if you look back you know i built a unique company three years before. >> and we will talk about that, course. >> three years before an accelerated. if you had a powerpoint presentation at a big vision, you could get a couple hundreds of millions even billions this