- Two additions to the FTSE China A50 Index
- Four additions to the FTSE China 50 Index
FTSE Russell, a leading global index provider, has today announced the results of the FTSE China Index Series quarterly review for September 2021. COSCO Shipping Holdings (A) and Great Wall Motor (A) will be added to the FTSE China A50 Index. Simultaneously, China Citic Bank (A) and China Securities (A) will be deleted from the index.
In the FTSE China 50 Index, Baidu (P Chip) , Ganfeng Lithium (H), Geely Automobile Holdings (P Chip) and Sunny Optical Technology Group (P Chip) will be added in this review period, with Alibaba Health Information Technology (P Chip), China Merchants Securities (H), Haidilao International Holding (P Chip) and Hansoh Pharmaceutical Group (P Chip) being deleted.
FTSE China indices 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/Stock Connect investment portfolios.
The FTSE China 50 Index is a tradable index which captures the largest and most liquid Chinese stocks (H Shares, P Chips and Red Chips) listed on the Hong Kong Stock Exchange.
Several changes were also made to other indices in the comprehensive FTSE China Index Series which consists of over 260 indices covering A Shares, B Shares, H Shares, Red Chips and P Chips. Full details of all inclusions and exclusions for the FTSE China Index Series can be obtained here.
Due to the Northbound Stock Connect Scheme Buy-and-Sell List route being closed on Friday 17 September 2021, the implementation of the China A Share index changes for the September 2021 index review will be effective from the open on Monday 20 September 2021, based on the China A Share closing prices as of Thursday 16 September 2021. The implementation of the index review changes for the FTSE China A50 Index for the September 2021 index review will be effective from the open on Friday 17 September 2021, based on closing prices as of Thursday 16 September 2021. Further information can be found here. The next review will take place in December 2021.
More information about the FTSE China Index Series including index rules governing the series is available at https://www.ftserussell.com/products/indices/china
