Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. announced recently that an adjustment shall be made to the sample stocks of a series of SZSE indexes including SZSE Component Index, SZSE SME Price Index, SZSE ChiNext Index, SZSE 100 Index, and SZSE Small/Mid Cap Innovation Index, effective as of the first trading date of July 2017.
Forty-eight sample securities of SZSE Component Index including Andon Health (002432) and Zhongchao Holding (002471) shall be replaced by SF Holding (002352), Giant Network (002558) and other stocks. Ten sample securities of SZSE SME Price Index including Invengo Information Technology (002161) and Yunnan Germanium (002428) shall be replaced by SF Holding (002352), Giant Network (002558) and other stocks. Seven sample securities of SZSE ChiNext Price Index including Zhongya Corporation (300512) and Shanghai Ganglian (300226) shall be replaced by MCST (300355), Betta (30058) and other stocks. Ten sample securities of SZSE 100 Index including Akcome Science (002610) and Infogem (300085) shall be replaced by SF Holding (002352), Giant Network (002558) and other stocks. Nity-one sample securities of SZSE Small/Mid Cap Innovation Index including Hailun Piano (300329) and Miracle Logistics (002009) shall be replaced by Beixin Road and Bridge (002307), Sun Cable (002300) and other stocks.
After the adjustment, SZSE Component Index shall represent 58 percent of the total capitalization and 59 percent of the freefloat capitalization of A-shares in Shenzhen market. The ratio of sample securities of SZSE Component Index among the main board, SME board and ChiNext board is 43:38:19, approximate to the actual proportion of different boards in the Zhenzhen market, while that ratio for SZSE 100 Index and SZSE Small/Mid Cap Innovation Index will be 56:30:14 and 27:50:23 respectively following the adjustment.
Viewed by industries, Information Technology is the largest industry in terms of the number of sample securities it provided for SZSE Component Index, accounting for 23% of the sample shares. Consumer Discretionay ranks the second, providing 17% of the sample shares for SZSE Component Index. The largest proportion (40%) of sample securities of SZSE ChiNext Price Index is from the industry of Information Technology. The three industries offering the most sample shares for SZSE 100 Index are Consumer Discretionary (21%), Information Technology (21%), and Finance and Property (18%). After the adjustment, the national strategic emerging industry will account for nearly 50% of the sample stocks in SZSE Component Index and SZSE SME Price Index, and 80% percent of the sample stocks in SZSE ChiNext Price Indext.
Please refer to the website of SZSE or Cnindex (www.cnindex.com.cn) for a detailed list of the sample stocks of relevant indexes involved in the periodic adjustment.