China COSCO Added to China 25 Index and A 50 Index
BEIJING, SHANGHAI and HONG KONG, Oct. 10 /Xinhua-PRNewswire/ -- Xinhua FTSE Index (FXI), the independent China index company, today announced the results of its quarterly index review.
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In the Xinhua/FTSE China 25 Index, China COSCO (H) will be added to the index in replacement of China Resources (H). China COSCO (A), Western Mining (A), Yunnan Copper Industry (A) and China Southern Airline (A) are to be included in the Xinhua/FTSE China A50 Index, while Jiangsu Express (A), Lujiazui (A), Hong Yuan Securities (A) and ZTE (A) will be removed. The changes will be effective after the close of business on Friday 19 October, 2007.
The quarterly index review includes changes to the Xinhua FTSE 200, 400, Small Cap and China B35 Index. Full details of all entries and exits for these indices can be obtained here.
The Xinhua FTSE Index Series is reviewed quarterly in January, April, July and October by an independent index committee, comprising a group of local and international 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. At the end of September of 2007, the total assets tracking and benchmarking the index series was approaching USD 110 billion worldwide.
More information about the Xinhua FTSE Index Series is available at http://www.ftsexinhua.com .
Stock Symbol References
China COSCO (H share, 1919)
China Resources (H share, 0291)
China COSCO (A share, 601919)
Western Mining (A share, 601168)
Yunnan Copper Industry (A share, 0878)
China Southern Airline (A share, 600029)
Jiangsu Express (A share, 600377)
Lujiazui (A share, 600663)
Hong Yuan Securities (A share, 000562)
ZTE (A share, 0063)
About Xinhua FTSE Index
Established in late 2000, Xinhua FTSE Index (FXI), 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 Xinhua/FTSE 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, Sydney 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 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 premier financial information and media service provider 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’s proprietary content platform, comprising Indices, Ratings, Financial News, and Investor Relations, serves financial institutions, corporations and re-distributors worldwide. Through its subsidiary Xinhua Finance Media Limited (Nasdaq: XFML), Xinhua Finance leverages its content across multiple distribution channels in China including television, radio, newspaper, magazine and outdoor media. Founded in November 1999, Xinhua Finance is headquartered in Shanghai, with offices and news bureaus spanning 11 countries worldwide.
For more information, please visit http://www.xinhuafinance.com .
SUMMARY OF INDEX CHANGES IN XINHUA FTSE QUARTERLY REVIEW
Xinhua/FTSE China 25 Index
Inclusion: 1
Exclusion: 1
Xinhua FTSE China B 35
Inclusion: 0
Exclusion: 0
Xinhua/FTSE China A50 Index
Inclusions: 4
Exclusions: 4
Xinhua FTSE 200 Index
Inclusions: 18
Exclusions: 18
Xinhua FTSE 400 Index
Inclusions: 40
Exclusions: 40
Xinhua FTSE Small Cap Index
Inclusions: 30
Exclusions: 22
