Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. announced recently to make regular adjustment, in line with the indices compiling rules, to the sample stocks for SZSE series indices, which include SZSE Component Index, SZSE SME Index, SZSE ChiNext Index and SZSE 100 Index. Meanwhile, Shenzhen Securities Information Co., Ltd. announced to make regular adjustment to the sample stocks for CNI 100 Index and other cross-market indices. The adjustments will come into effect as of the first trading day of January in 2016.
49 stocks will be adjusted to the sample stocks of SZSE Component Index, with Wanda, Lens Technology, etc. to be swapped in as sample stock, whereas CNHTC-JNTC and Zoneco, etc. to be swapped out of sample stock; 10 stocks will be adjusted to the sample stocks of SZSE SME Index, with Wanda, Wanma Co., Ltd., etc. to be swapped in, whereas Siyuan Electric, Your-mart, etc. to be swapped out; 7 stocks will be adjusted to the sample stocks of SZSE ChiNext Index, with Xinjiang Machinery, Hoperun Software, etc. to be swapped in, whereas Hi-target, Feitian, etc. to be swapped out.
The market representativeness of SZSE Component Index will be further enhanced after the adjustment, with market coverage of about 57%. From the perspective of market distribution, 183 samples stocks (weighing 44%) are listed on the Main board, 219 sample stocks (weighing 38%) are listed on the SME board and 98 sample stocks (weighing 18%) are listed on the ChiNext board, which is much closer to actual distribution of Shenzhen market. Meanwhile, the characteristics of centering on new technical enterprises of core indices in the Shenzhen market will be further reinforced after the adjustment, SZSE Component Index, SZSE SME Index and SZSE ChiNext Index, the three major benchmark indices that represent the multi-level market structure of Shenzhen market, all take the information technology industry as the heaviest-weighted industry, with the weight of 22%, 29% and 45% respectively.
More specific material on the Index can be found on the website of Shenzhen Stock Exchange (www.szse.cn) and the website of CNINDEX (www.cnindex.com.cn).
