FTSE Xinhua Index Wins New Business

FTSE Xinhua Index Ltd, the leading China index specialist, has been selected by Barclays Global Investors (BGI) as the index provider for a new ETF, which is the first ETF on China “A’ Shares and begins trading on the Stock Exchange of Hong Kong today.

Based on the FTSE/Xinhua China A50 Index, the new iShares FTSE/Xinhua A50 China Tracker today traded 665,300 units with a turnover value of HK$29.6 million. The FTSE/Xinhua China A50 Index closed up 0.75% at 4433.56.

Zhu Shan, Managing Director at FTSE Xinhua Index, said at the listing ceremony, “The FTSE/Xinhua China A50 Index represents the largest 50 “A” share companies in Mainland China, and offers domestic and international investors the opportunity to track and analyse this exciting new market.”

In addition to the iShares FTSE/Xinhua A50 China Tracker on Stock Exchange of Hong Kong, FTSE Xinhua indices are also used as the basis of ETFs trading on London and New York Stock Exchanges.

More information about the FTSE/Xinhua China A50 Index and the FTSE/Xinhua China 25 index, including constituents and performance information, is available from www.ftsexinhua.com.