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FTSE Group (“FTSE”), the award winning global index provider, announced the results of the FTSE China Index Series annual review today.
The full FTSE China Index Series is reviewed annually by the independent FTSE Asia Pacific Index Advisory Committee. The committee is made up of leading local and international market professionals who approve all index changes and ensure that the index review complies fully with a set of highly transparent and publicly available index rules.
FTSE China indices are widely regarded as a leading measure of the China equities market by domestic and international investors. Nearly 60%[1] of Assets under Management (AuM) in China Exchange Traded Funds (ETFs) issued globally, track a FTSE China index. The most widely followed indices are the FTSE China A50 Index and the FTSE China 25 Index, which are used as the basis of the world’s largest China themed ETFs.
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. One change to this index has been approved as a result of the March 2014 review:
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Inclusions |
Exclusions |
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1 |
CSR |
Poly Real Estate Group |
The FTSE China 25 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. There are no changes to the FTSE China 25 Index.
Several changes were also approved 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, Hong Kong stocks and Bonds. Full details of all inclusions and exclusions for the FTSE China Index Series can be obtained at www.ftse.com/china. All changes will be made effective after the close of trading on 21 March 2014, with the next review of the China A50 Index due to take place on 4 June 2014. The summary of index changes is shown in the Appendix.
More information about the FTSE China Index Series including index rules governing the series is available at www.ftse.com/china.
[1] Source: Blackrock
