The new members, all highly respected international professionals, join the twelve existing domestic market experts on the FTSE/Xinhua Index Committee, including representatives from the Shanghai Futures Exchange and the Shenzhen Stock Exchange. They are:
- Mr Salvatore Sodano, Chairman and CEO The American Stock Exchange;
- Mr Joseph Ho, Regional Director- North Asia, Barclays Global Investors;
- Mr K M Cheung, Director and General Manager, Hang Seng Investment Management;
- Mr Stuart Leckie, Chairman, Greater China, Hewitt Associates LLC;
- Mr George Long, Managing Director, Long Investment Management Ltd;
- Mr Yasuyuki Kato, General Manager, Global Quantitative Research, Financial Research Center, Nomura Securities Co.
The range of expertise and the independence within the FTSE/Xinhua Index Committee ensures that the FTSE/Xinhua China index series remains a relevant and useful tool which can be used easily by investors all over the world.
Mr. Zheng Jingsheng, Vice Chairman of the FTSE/Xinhua Index Committee said: "The Committee welcomes the new international members most warmly. The commitment of the new members shows that the international community recognises and supports the need for an accurate and transparent index series which measures the whole of the Chinese market."
At the regular quarterly committee meeting held in Beijing today, the FTSE/Xinhua Index Committee reviewed five indices in the FTSE/Xinhua China index series, including the FTSE/Xinhua China 25 Index, FTSE/Xinhua China B 35 Index, FTSE/Xinhua China A 200 Index, FTSE/Xinhua China A 400 Index and FTSE/Xinhua China A SmallCap Index. Full details of all additions and deletions approved by the Committee can be found at http://www.ftse-xinhua.com/dynamic-data/english/tech/20020415.100.pdf
A full member list of FTSE/Xinhua Index Committee is also available.
