FTSE Xinhua Index (FXI) today announced that there will be no changes made to the FTSE/Xinhua China A50 Index and FTSE/Xinhua China 25 Index following the quarterly index review. Both indices are widely followed, forming the basis of Exchange Traded Funds (ETFs), and derivative products on exchanges around the world.
Several changes were approved to other FTSE Xinhua A Share and B Share indices including Shanghai Jiulongshan (B, 900955) which will replace Huadian Energy (B, 900937) in the FTSE Xinhua B 35 Index. The FTSE Xinhua 200 Index had 5 changes announced:
|
|
Inclusion |
Exclusion |
|
1 |
Southwest
Securities (A) |
Zhejiang NHU (A) |
|
2 |
Suning Universal
(A) |
Nanjing Water
Transport Industry (A) |
|
3 |
Sinopec Yizheng
Chemical Fibre (A) |
Anyang Iron &
Steel (A) |
|
4 |
Hangzhou Binjiang
Real Estate Group (A) |
Guangdong Baolihua
New Energy (A) |
|
5 |
Beijing Capital
Development (A) |
Xinjiang GuanNong
Fruit & Antler (Group) co (A) |
The quarterly index review also includes changes to the FTSE Xinhua 400, Small Cap and Provincial Index. Full details of all inclusions and deletions for the FTSE Xinhua Index Series can be obtained here. The changes will be effective after the close of trading on Friday 17 July, 2009.
The FTSE Xinhua Index Series is reviewed quarterly in January, April, July and October by an independent index committee, comprising a group of local and international financial market experts. The index series is widely regarded as the leading measure of the China market by domestic and international investors with total assets tracking and benchmarking against the index series was exceeding USD 110 billion worldwide.
More information about the FTSE Xinhua Index Series is available at www.ftsexinhua.com
