china's $7ll give trillion stock market a bigger role on the world stage, and henry fernandez told use has the backing to include more eligible shares. there was strong support with the proposal we put in place. we were able to get stronger support to revise it to a larger number of large-caps. that was one thing that was important. rishaad: let's discuss more with tom mackenzie in beijing. they did not disappoint this time. tom: that's right. they increase the number of stocks we had been expecting. 169,d been focusing on down from when they were looking at 448. 222.increased it to msci saying there were a number of factors that fed into this decision comes some positive moves from chinese regulators. focusing on the connects, but moves around this when it comes to loosening up those requirements that have made things easier. msci saying amongst institutional investors, they did see strong support for this. what it means now is that this will be implemented at some point next year, the first stage in may, and later in august. this is a step-by-step process, and they are looking poten

henry fernandez, chairman and ceo of msci.not forget, our interactive function, you can watch us live in see this interview like we just did. dive into any securities or bloomberg functions we talk about. thecan become part of conversation by sending us instant messages during our shows. this is for bloomberg subscribers only. this is bloomberg. ♪ yvonne: let's do a quick check of the latest business headlines. row with qualcomm turning ugly, saying qualcomm has an illegal business model. there was a january complaint that accuses qualcomm of trying to monopolize the chip game. result, -- betty: toshiba in the final stage of negotiations to sell its flash memory chip unit. sources say the board will meet later wednesday to review a series of offers. downain consortium has put $19 billion. ay ishe backing of inc j seen as critical. the bears are back in oil markets as it dips on the global glut. we look at what is moving the energy market. this is bloomberg. ♪ yvonne: it is 7:30 a.m. wednesday. cloudy, but no rain. that is an u

later catch an interview with chairman henry fernandez on bloomberg daybreak: asia.rk, this is bloomberg. ♪ julia: it is time for the bloomberg business flash, a look at the biggest business stories in the news right now. -- toillion in upgrading build new expeditions. the move secures 1000 jobs at the louisville plant. that switch starts the second half of the -- brazil's plans on selling $1.8 billion worth of assets to reduce debt. stake in -- 19% it's interest in the supplier and assets the unit in the united states. by parent company -- that is your business flash update. scrubbing our options guest is talking about how to -- the stock has gained 37% so far this year. this is bloomberg. julia: this is bloomberg markets. scarlet: it's time now for options with julie hyman. julie: thank you, joining me for today's options inside is scott bauer, senior market strategist, joining me from the cboe in chicago. is there anything options lies you are noticing in particular, activity surrounding oil? scott: a lot of downplays which may be after-the-fact here. chevron exxo

joining us now, we've got the group behind t.sebastian leblesh, head of management research and henry fernandezent this time that got china into the msci index >> there were a fub things that were different the most important one is that the stock connect program linking the home market with shanghai and shenzhen is very effective and they were able to, you know, consult with our clients and the clients thought that that was a good access into the market that is better than the two other accesses which is the qualifying for institutional investor and the r & b qualifying for institutional investors. that one one thing the second thing is the reduction on the number of suspended stocks since the decline in the control. >> less control. >> a little bit of less control and more of an ability of shares and, three, the loosening. restrictions on the data in order to create index link in investment vehicles, so those were three things we focused on and our clients focused on to be able to get to this point. >> sebastian, how many stocks are we talking about, and what's the time frame i mean, when doe

. >> all of that they say makes it safer for investors to get into chinese stocks that was henry fernandezman ando of msci. >> i think the potential for china to see a massive uplift in foreign investment is huge but does the overarching rule change of an indexing company increase investors to think, okay, i'm going to invest this time a vau clearly there's a bit of a gap to close but that evaluation gap was much bigger five years ago. >> i'm not sure the psyche of investors matters much we're in an indexing world so many people are in indexing funds. that's a driver of market action just the mere inclusion, whether investors are bullish on china or not, worried about capitol controls or not will drive demand and money >> on pure market cap basis, which is how msci will do their index, they get a big weighting. they're over $10 trillion in market cap, with shanghai and shenzhen >>> the agenda today we start in the uk, prime minister theresa may and her minority government will face their first big test as the queen opens a new parliament session. she begins her speech at 6:ta a.m. the key

coming up later today, henry fernandez joins bloomberg daybreak on the heels of their announcement toina's domestic stocks have one their conclusion. that's at 7:00 p.m. eastern. this is bloomberg. ♪ scarlet: it is 2:00 p.m. in new york at 7:00 p.m. in london. julia: welcome to "bloomberg markets." scarlet: in politics, the u.s. dollar trading at its highest level in two weeks. steve mnuchin telling bloomberg why this strong dollar is a vote of confidence in the economy and the trump administration. in markets, oil sending shockwaves across the commodities space. crude plummeting to a seven-month low, now below $43 a barrel as bolivian production as to the global glut. gender equality hitting a speed bump in the boardroom. in two hours.lose let's get a check on the pullback in equities from record highs. energy companies under pressure. julie:

natus, newborncare products an services >> henry fernandez, ceo, making a bold move there.a's going to be the most heartened by that the big bear case you hear about is china the ceo of goldman is not as concerned about china. msdi, henry fern thn fernandez, guy, blesses china less of a worry. >> do want to talk some chips this morning we'll talk to david about toshiba. but intel gets caught at b of a. chevron, intel and target but the intel call is basically been nvidia and amd. >> invidia has target, amd they have faster chip for data centers and there's a huge individual retail element that people are buying. it is a chip for bitcoin so i think people should recognize why that stock, amd, is flying is not just a very positive note from meryl we're with a data collection point. people love bitcoin. people love block change look, amd is such a better company than it used to be that i think it deserves our respect. they did a refinancing between five and seven that was brilliant. at the same time, it has a lot of hot money in it, just like my dog. right? my dog is invested

henry chairman, fernandez, will be joining betty liu to talk about this. lots of questions for mr.- fernandez. let's eat you to first word news with mark crumpton. >> belgian media are reporting a person wearing an explosive belt and a backpack has been shot and "neutralized" at a train station in brussels. this followed an incident where people reported hearing explosive sounds. the belgian prime minister charles michel's spokesperson says he is monitoring the situation closely. they will not say whether it is a terrorist incident. a spokesperson for george's of voting in the state's closely watched six congressional district is going smoothly, but some issues have been reported. thevoting locations had wrong equipment used to check voters in. workers had to use paper lists as a backup. it may turn out to be the most expensive race ever for the u.s. house of representatives. voters are deciding between democrat jon ossoff and republican karen handel. president trump is blaming the bier squarely warm on north korea. he spoke about the student in the oval office today with the presi