China Shenhua Energy Co., Ltd. (China Shenhua), listed yesterday on the Shanghai Stock Exchange (SSE), with the total market capitalization of A shares reaching RMB610 billion, has met the conditions for large-cap stocks' IPO speedy entry into indices. According to the announcement by the SSE and China Securities Index Co., Ltd. (CSI), China Shenhua will be included on October 23 in the SSE 180 Index, SSE 50 Index, Shanghai Shenzhen 300 Index (SHSE-SZSE300 Index), China Securities 100 Index (CSI100), China Securities 800 Index (CSI800), China Securities Southern Well-Off Industry Index (Well-Off Industry Index) and CSI 300 Energy Index. Meanwhile, Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd. and Long March Launch Vehicle Technology Co., Ltd. will be deleted from the SSE 180 and SSE 50 Indices, respectively. Jiangsu Wuzhong Industrial Co., Ltd. (Jiangsu Wuzhong) will be deleted from both the SHSE-SZSE300 Index and the CSI800. Besides, Shenzhen Kaifa Technology Co., Ltd. (Kaifa Technology) and Guangshen Railway Company Limited will be deleted from the CSI100 and the Well-Off Industry Index, respectively. Meanwhile, the China Securities 200 Index and the China Securities 700 Index in the CSI Scale Indices System will also be adjusted accordingly. Kaifa Technology will be included in these two indices while Jiangsu Wuzhong is to be deleted. Finally, China Shenhua will be included in the CSI 300 Energy Index, while Jiangsu Wuzhong will be deleted from the CSI 300 Consumer Discretionary Index.
After the adjustment, the market capitalization of the SSE 180 Index will cover 77.61% of the total from 72.28%, and its floating capitalization coverage rises to 65.19% from 63.76%; the market capitalization of the SSE 50 Index will cover 64.13% of the total from 58.83%, and its floating capitalization coverage rises to 43.66% from 42.33%; the market capitalization of the SHSE-SZSE300 Index will cover 79.11% of the total from 74.69%, and its floating capitalization coverage rises to 70.93% from 69.86%; the market capitalization of the CSI100 will cover 63.74% of the total from 59.38%, and its floating capitalization coverage rises to 46.37% from 45.35%; the market capitalization of the CSI800 will cover 89.88% of the total from 85.47%, and its floating capitalization coverage rises to 90.60% from 89.53%.