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Xinhua Finance News Provides China News for SGX

2008-06-02 19:03 843


SHANGHAI, China, June 2 /Xinhua-PRNewswire/ -- Xinhua Finance Limited (“Xinhua Finance”, TSE Mothers: 9399; OTC: XHFNY), China’s leading financial information and media service provider, announced today that its news service Xinhua Finance News is working with Singapore Exchange Limited (SGX) to profile the component stocks of the FTSE ST China Index.

Xinhua Finance News, the core news products of Xinhua Finance Limited with a focus on Greater China, will report regularly on the China companies listed on SGX that make up the index, as FTSE ST China Index Stock Alerts. SGX is making available these reports on its website at http://www.sgx.com/ftsestchina from today.

Those who are interested in subscribing to receive these free news reports in their e-mail can SMS < e-mail > space < first name > space < last name > to +65-9-SGX-2828 (or +65-9749-2828).

Mr. Lai Kok Leong, Vice President and Head of Data Services at SGX said, “SGX is pleased to work with Xinhua Finance News on news coverage of the China market and the FTSE ST China index stocks. With its many in-country bureaus and in-depth understanding of China, this news service will improve the information flow from the local market to investors on SGX. Xinhua Finance News will maintain full editorial independence in its reports.”

The FTSE ST China Index is a China-theme index that was created to reflect the increasingly significant representation of China stocks in the Singapore market. Comprising 50 top-ranking China stocks on SGX, it facilitates

cross-border analysis and comparison. It was launched on 10 January 2008 together with the revamped Straits Times Index (STI) and new FTSE ST Index Series, to provide more in-depth coverage of the Singapore securities market.

Notes to editors:

About Xinhua Finance Limited and Xinhua Finance News

Xinhua Finance Limited (“XFL”) 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), XFL leverages its content across multiple distribution channels in China including television, radio, newspaper, magazine and outdoor media. Founded in November 1999, XFL is headquartered in Shanghai, with offices and news bureaus spanning 12 countries worldwide.

Xinhua Finance News (XFN) is the core product under the Financial News Service Line providing the trusted source for real-time coverage of the Greater China markets. Noted for its speed, accuracy and independence, XFN keeps the world’s foremost financial institutions ahead of the markets with the strong support of over 80 journalists, editors and analysts in China. XFN real-time news feeds are available in English, Chinese and Japanese and distributed via dedicated news feeds and major global news redistributors. For more information about XFN, please see http://news.xinhuafinance.com .

For more information about XFL, please visit http://www.xinhuafinance.com .

About Singapore Exchange Limited

Singapore Exchange Ltd (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions -- the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific’s first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange’s stock is a component of benchmark indices such as the MSCI Singapore’s Free Index and the Straits Times Index (STI).

SGX aims to offer a highly trusted, comprehensive and efficient securities and derivatives marketplace for raising capital, risk transfer, trading, clearing and settlement. SGX facilitates the trading and clearing of commodity futures such as crude palm oil and rubber and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway.

For more information, please visit SGX website: http://www.sgx.com .

Source: Xinhua Finance Limited
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