Dow Jones Indexes, a leading global index provider, today announced that Longtop Financial Technologies Ltd. ADS (China, Technology, LFT) will be removed from the Dow Jones Emerging Markets Technology Titans 30 Index.
Longtop Financial Technologies Ltd. ADS (China, Technology, LFT) will be replaced by TCL Communication Technology Holdings (China, Technology, 2618.HK) in the Dow Jones Emerging Markets Technology Titans 30 Index. Longtop Financial Technologies Ltd. ADS is being removed due to failure to meet index eligibility requirements. All changes in the Dow Jones Emerging Markets Technology Titans 30 Index will be effective before the open of trading on Friday, May 27, 2011.
The Dow Jones Emerging Markets Technology Titans 30 Index measures the stock performance of 30 leading emerging-market companies in the Technology Industry as defined by the Industry Classification Benchmark (ICB). Stocks are selected to the index based on size, revenue and net profit. The index is weighted by float market capitalization.
Further information on the Dow Jones Emerging Markets Technology Titans30 Index can be found on www.djindexes.com