SHANGHAI - The possible inclusion of China's A-shares into global benchmarks would lead to $180 billion of inflow to the Chinese equity market, Deutsche Bank said Tuesday.

"This is a relatively conservative number," a Deutsche Bank report said. "As we have not factored in the potential growth in China's equity market, as well as further opening up of the free float."

MSCI announced last week that it is reviewing China's A-shares for a potential inclusion in its emerging markets index, a widely-followed benchmark.

"We see the inclusion of China's A-shares as a milestone in the indexing world with significant and long term impacts," said the report written by Deutsche Bank's equity strategists.

The bank said the current A-share market has priced in too much pessimistic sentiment and does not reflect China's relatively better future growth and improving corporate profitability.

China's stock indexes are the world's worst performers. Shanghai Composite Index, encouraged by Central Huijin's purchase of major banks, rose 0.14 percent to 2159.29 on Tuesday after sinking to six-month low last week.

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