The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) have recently announced that the SSE 180 Corporate Governance Index, a new investment target index for investors, would be launched on September 10, 2008 to indicate trend of the stocks with good corporate governance in the SSE 180 Index. The base day of the index, the same as that of the SSE Corporate Governance Index, is June 29, 2007. Its short description is "SSE 180 Governance", with the base point of 1,000 and the code of "000021".
The SSE 180 Corporate Governance Index is a theme derivative index from the SSE 180 Index and the SSE Corporate Governance Index. According to the published index scheme, constituents of the index are composed of the top 100 stocks with large scale and sufficient liquidity in the SSE 180 Index and the SSE Corporate Governance Index. So far, the total market capitalization of the 100 constituents has reached RMB8.5363 trillion, or 66.93% of the A shares' total on the SSE. Their floating capitalization has been RMB2.1439 trillion, or 55.63% of the A shares' total on the SSE.
