FTSE China Index Series Quarterly Review Q12017
— Two additions to the FTSE China A50 Index in this review period
— Two additions to the FTSE China 50 Index
FTSE Russell has today announced the results of the FTSE China Index Series quarterly review. Bank of Shanghai (A) and China United Network Communications (A) were added to the FTSE China A50 Index and, as a result, Daqin Railway (A) and Shanghai RAAS Blood Products (A) will be deleted from the FTSE China A50 Index. In the FTSE China 50 Index, Postal Savings Bank of China (H) and China Galaxy Securities (H) have been added in this review period. As a result Sinopharm Group (H) and Hengan Intl Group (H) will be deleted from the FTSE China 50 Index.
The full FTSE China Index Series is reviewed in accordance with the index ground rules.
FTSE China indexes are widely regarded as a leading measure of the China equities market by domestic and international investors. Nearly 60% of Assets under Management (AuM) in globally issued China Exchange Traded Funds (ETFs) track a FTSE China index.
The FTSE China A50 Index represents the 50 largest A-Share companies in China and is tracked by both domestic investors and internationally through a range of QFII investment portfolios.
The FTSE China 50 Index is a tradable index which captures the largest investable Chinese stocks (H Shares, P Chips and Red Chips) listed on the Hong Kong Exchange.
Several changes were also made to other indexes in the comprehensive FTSE China Index Series which consists of over 260 indexes covering A Shares, B Shares, H Shares, Red Chips, P Chips, Hong Kong stocks and Bonds. Full details of all inclusions and exclusions for the FTSE China Index Series can be obtained here. All changes will be made effective from start of trading on 20 March 2017.
More information about the FTSE China Index Series including index rules governing the series is available here.
– Ends –
For further information:
+44 (0)20 7797 1222; email@example.com
Hong Kong: Fennie Wong +852 2164 3267
Notes to editors:
About FTSE Russell
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. More than $10 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com
© 2017 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE TMX Global Debt Capital Markets Inc. and FTSE TMX Global Debt Capital Markets Limited (together, “FTSE TMX”) and (4) MTSNext Limited (“MTSNext”). All rights reserved.
FTSE Russell® is a trading name of FTSE, Russell, FTSE TMX and MTS Next Limited. “FTSE®”, “Russell®”, “FTSE Russell®” “MTS®”, “FTSE TMX®”, “FTSE4Good®” and “ICB®” and all other trademarks and service marks used herein (whether registered or unregistered) are trade marks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, or FTSE TMX.
All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for any errors or for any loss from use of this publication or any of the information or data contained herein.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Russell Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this communication should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group index data and the use of their data to create financial products require a licence from FTSE, Russell, FTSE TMX, MTSNext and/or their respective licensors.