The changes for the FTSE/Xinhua China A 50, 200, 400, 600, Small Cap and B 35 indices will become effective after the close of business on Friday 21 October 2005 (i.e. on Monday, 24 October 2005).
The FTSE/Xinhua 25 Index has been recognised internationally as a highly tradable index with a number of ETFs and derivative products listed against it. There are two H Shares additions to the successful index at this review: Bank of Communications (B0B8Z29) and China Shenhua Energy (B09N7M0). They enter as the 8th and 9th largest stocks in the index by market capitalisation.
Both are included after IPOs earlier in the year. China Shenhua Energy, China’s biggest coal producer was listed on the Hong Kong Stock Exchange 15th June and Bank of Communications, the fifth largest lender in China on 23rd June.
In order to rebalance the index the following two stocks are removed from the index: Denway Motors (Red Chip) and Maanshan Iron & Steel (H Share).
There are no changes to the FTSE/Xinhua China A50 or B35 Index.
All the FTSE Xinhua indices have been reviewed by the independent Index Committee based on transparent Ground Rules to ensure consistency, liquidity and investability.
Full details of all additions and deletions can be found at http://www.ftse.com/indices_marketdata/xinhua/index_changes.jsp.
