A complete list of S&P/CITIC 50 and S&P/CITIC 300 constituent changes can be viewed by clicking here.
Number of shares outstanding and the Investable Weight Factor for the new index constituents will be announced on June 10, 2005, together with share numbers and IWFs for all other stocks in the index, as a part of the quarterly rebalancing, which is going to be effective at the start of trading on June 20, 2005.
Half Yearly Review: In June & December, Standard & Poor’s and CITIC Securities Co., Ltd. reviews the constituents of the S&P/CITIC 50 and S&P/CITIC 300 Indices to determine if any changes need to be made to increase the sector representation of the index and/or remove any stocks that show insufficient free float market capitalization or trading levels to remain in the index.
Quarterly Rebalancing: In March, June, September and December, Standard & Poor’s updates the shares outstanding of the constituents of the index. This information is primarily sourced from company announcements and other local information sources and is made effective the Monday morning after the third Friday of each quarter.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
About Standard & Poor's
Standard & Poor's is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research, data and valuations. With approximately 6,000 employees located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
About CITIC Securities
CITIC Securities Co., Ltd. is a subsidiary of CITIC Holdings, with core businesses in securities underwriting, brokerage, asset management, trading and investment consultation. By the end of 2002, CITICS' net assets reached over 5 billion RMB with 1,200 employees and 40 branch offices located in Mainland China. In the 2003 and 2004 AsiaMoney ranking of domestic financial institutions in key Asia-Pacific markets, CITIC Securities ranked No.1 among all the Chinese securities firms. The Company undertook an initial public offering of 400 million Ashares towards the end of 2002 and was listed on the Shanghai Stock Exchange on January 6, 2003. The CITIC indices are recognized as one of the most influential non-exchange index series in Mainland China. For more information, visit http://www.citics.com.
