- Two additions to the FTSE China A50 Index in this review period
- One addition to the FTSE China 50 Index
FTSE Russell has today announced the results of the FTSE China Index Series quarterly review. Wuliangye Yibin and Guangzhou Automobile Group were added to the FTSE China A50 Index and Sinopharm Group was added to the FTSE China 50 Index. As a result, China United Network Communications and Power Construction Corporation of China will be deleted from the FTSE China A50 Index and Sinopec Oilfield Service will be deleted from the FTSE China 50 Index.
The full FTSE China Index Series is reviewed in accordance with the index ground rules.
FTSE China indexes are widely regarded as a leading measure of the China equities market by domestic and international investors. Nearly 60% of Assets under Management (AuM) in globally issued China Exchange Traded Funds (ETFs) track a FTSE China index.
The FTSE China A50 Index represents the 50 largest A-Share companies in China and is tracked by both domestic investors and internationally through a range of QFII investment portfolios.
The FTSE China 50 Index is a tradable index which captures the largest investable Chinese stocks (H Shares, P Chips and Red Chips) listed on the Hong Kong Exchange.
Several changes were also made to other indexes in the comprehensive FTSE China Index Series which consists of over 260 indexes covering A Shares, B Shares, H Shares, Red Chips, P Chips, Hong Kong stocks and Bonds. Full details of all inclusions and exclusions for the FTSE China Index Series can be obtained here. All changes will be made effective from start of trading on Monday, 20 June 2016.
More information about the FTSE China Index Series including index rules governing the series is available at http://www.ftse.com/products/indices/china.