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China Communications Construction Co. Ltd. and Guangzhou Automobile Group Co. Ltd. will be among 15 stocks added to the Dow Jones China Broad Market Index following its regular index review, Dow Jones Indexes announced today.
Qinghai Huzhu Barley Wine Co. Ltd., Shengda Mining Co. Ltd. and ZheJiang AoKang Shoes Co. Ltd. will also be added to the index, with 15 additions and 19 deletions, the number of components in the Dow Jones China Broad Market Index will decrease to 1475 (1434 A-shares and 41 B-shares) from 1479. The Dow Jones China Broad Market Index reflects approximately 95% of the free-float market capitalization for both the Shanghai and Shenzhen markets.
The number of components in the Dow Jones Shanghai Index will increase to 796 from 788, with 11 additions and three deletions, while the number of components in the Dow Jones Shenzhen Index will decrease to 679 from 691 components, with four additions and 16 deletions. The Dow Jones Shanghai and Dow Jones Shenzhen indexes represent approximately 95% of the free-float market capitalization of their respective markets.
Twenty-five components will be replaced in the Dow Jones CBN China 600 Index, which reflects roughly 80% of China’s free-float market capitalization. Shenzhen Green Eco-Manufacture Hi-Tech Co. Ltd., Zhongyuan Union Stem Cell Bioengineering Co. Ltd. and Guangzhou Pharmaceutical Co. Ltd. will also be added to the index.
Dow Jones Indexes also completed the regular semiannual review for the Dow Jones CBN China 600 Sector Blue-Chip Indexes, which were launched on September 8, 2005 as subsets of the Dow Jones CBN China 600 Index.
The changes were made following a regular index review and will be effective after the close of trading on Friday, June 15, 2012.
The Dow Jones China 88 and Dow Jones China Offshore 50 indexes are reviewed semiannually in March and September.
The Dow Jones China Indexes are designed to provide investors globally with accurate tools for measuring equity performance in China. Float-adjusted shares are used for stock selection and index calculation, in order to accurately reflect shares available to the public. Block holdings of individuals, other companies or governments that exceed 5% of total market value are excluded.
Further information about the Dow Jones China Indexes is available at http://www.djindexes.com/chinese.
Company additions to and deletions from the Dow Jones China Indexes do not in any way reflect an opinion on the investment merits of the company.
