BEIJING, April 11 /Xinhua-PRNewswire/ -- Xinhua FTSE Index (XFI), the independent China index company, announced today the results of its quarterly index review, effective start of trading day, Monday, April 23.
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In the Xinhua/FTSE China 25 Index, China Communications Construction will be added to the index, and Cosco Pacific will be deleted. DaTang International Power and Guangshen Railway are to be included in the FTSE/Xinhua China A50 index, while Qinghai Salt Lake Potash and Tsingtao Brewing will be deleted. There are to be no changes to the FTSE/Xinhua China B 35 index.
Alongside these indices, the quarterly index review includes changes to the Xinhua FTSE 200, 400 and Small Cap indices. Full details of all entries and exits for these indices can be obtained at http://www.ftse.com/xinhua/english/Indices/Domestic_Investors/Index_Reviews.jsp .
The Xinhua FTSE indices are reviewed quarterly in January, April, July and October by the independent Xinhua FTSE Index Committee, a group of local and international independent financial market experts. The index series is widely regarded as the leading measure of the China market by domestic and international investors and is used as the basis of a set of Exchange Traded Funds (ETFs), and derivative products on exchanges around the world.
More information about the Xinhua FTSE Index Series is available at http://www.ftsexinhua.com .
Stock Symbol References
China Communications Construction (H share, 1800)
Cosco Pacific (Red Chip, 1199)
DaTang International Power (A share, 6019911)
Guangshen Railway (A share, 601333)
Qinghai Salt Lake Potash (A share, 000792)
Tsingtao Brewing (A share, 600600)
About Xinhua FTSE Index
Established in late 2000, Xinhua FTSE Index (XFI), a joint venture between Xinhua Finance Limited and FTSE, came into being to facilitate the creation of real-time indices for the Chinese market. The indices can be used as a basis for the trading of derivatives, index-tracking funds, Exchange Traded Funds and as performance benchmarks. The combination of FTSE's expertise in international indexing with Xinhua Finance's strong presence and capabilities in China creates a level of expertise in the Chinese market that is unprecedented. Providing the combined coverage for the Shanghai and Shenzhen exchanges, all of the FTSE/Xinhua indices are designed according to internationally proven index methodology to ensure products are transparent, clear and consistent. For daily data and further information, please visit http://www.ftsexinhua.com .
About FTSE Group
FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, Boston, Shanghai and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index Series, which includes world-recognized indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ Thailand and Taiwan exchanges, as well as Nomura Securities, Hang Seng and Xinhua Finance of China. FTSE also has a collaborative agreement with Dow Jones Indexes to develop a single sector classification system for global investors.
FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias. Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.
About Xinhua Finance Limited
Xinhua Finance Limited is China's unchallenged leader in financial information and media, and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial markets and the world, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Founded in November 1999, the Company is headquartered in Shanghai with 20 news bureaus and offices in 19 locations across Asia, Australia, North America and Europe. For more information, please visit http://www.xinhuafinance.com .
SUMMARY OF INDEX CHANGES IN XINHUA FTSE QUARTERLY REVIEW
FTSE/Xinhua China 25 Index
Inclusion: 1
Exclusion: 1
Xinhua FTSE China B 35
Inclusion: 0
Exclusion: 0
FTSE/Xinhua China A50 Index
Inclusions: 2
Exclusions: 2
Xinhua FTSE 200 Index
Inclusions: 12
Exclusions: 12
Xinhua FTSE 400 Index
Inclusions: 33
Exclusions: 33
Xinhua FTSE Small Cap Index
Inclusions: 34
Exclusions: 12
