Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. jointly announced to make the 4th Quarter regular adjustment, in line with the index compiling rule, to the sample stocks of ChiNext Index, effective as of the first trading of October, 2014.
According to the announcement on the regular adjustment to the index sample stocks, 6 sample stocks will be adjusted to ChiNext Index, with Tianyuan Dic, Highlander and Taisheng Wind Power, etc., to be swapped in as sample stocks, whereas Wanshun, Longyuan and Combustion Control Technology etc., to be swapped out of the sample stocks pool.
The feature of emerging industries reflected by ChiNext Index is more prominent after several regular sample adjustments. The weight of primary sector---information and technology sector is on a rising trending, being 30%, 32%, 35%, 36% respectively after the 4 recent regular sample adjustments. And the total weight of 4 major sectors, including information and technology, health care, consumer discretionary, telecommunication services, increases a great deal, rising from 66% at the beginning of the year to 72% this time.
As revealed from the most recent disclosed 2014 interim reports, after the sample adjustment, the gross margin of the sample stocks reach 37%, reflecting strong profitability of the sample stocks. The operating revenue and net profit of the sample stocks increased 33% and 17% respectively comparing with those of the same period last year, presenting sound growth; moreover, the sample stocks of ChiNext Index attach importance to the investment on research and development, which take up 5% of the expenses, far exceeding the market average level.
More specific material on the Index can be found on the website of Shenzhen Stock Exchange (www.szse.cn) and the website of CNI Index （www.cnindex.com.cn).
