The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index (Nasdaq:HXC), which will become effective prior to market open on Monday, September 22, 2014.
The following two securities will be added to the Index: LightInTheBox Holding Co., Ltd. (NYSE:LITB) and China Digital TV Holding Co., Ltd. (NYSE:STV).
The Index is designed to provide insight and access to the unique economic opportunities taking place in China while still providing the transparency offered with U.S. listed securities.
As a result of the re-ranking, the following four securities will be removed from the Index: China Recycling Energy Corporation (Nasdaq:CREG), Ever-Glory International Group, Inc. (AMEX:EVK), Sungy Mobile Limited (Nasdaq:GOMO) and Xueda Education Group (NYSE:XUE).