Index provider MSCI Inc. is cutting a swath of Chinese companies from its global benchmark indices, which may add to the bearish sentiment regarding Chinese shares. In its latest quarterly review, MSCI announced that it is removing 66 companies from its MSCI China Index, the most in at least two years. The changes, effective at the close of trading on February 29, also apply to the MSCI All-Country World Index. The removal of Chinese companies from the MSCI indices adds to the risk of additional selling of Chinese stocks, as global fund managers tracking those indices will have to purge these …