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China CITIC Bank Makes Fast-track Entry to Xinhua FTSE Index

编辑:AG88 日期:2018-10-05

BEIJING, April 27 /Xinhua-PRNewswire/ -- Xinhua 网易财经FTSE Index (FXI), the leading China index provider, today announced the inclusion of China CITIC Bank within the Xinhua FTSE Index Series, following its IPO on both Hong Kong and Shanghai stock exchanges.

Applying the fast-track entry rules, the company will become a constituent of the Xinhua FTSE Hong Kong Index on April 30, 2007 and its A share will be included within FTSE/Xinhua China A50 Index, and 200, 400, 600, and All Share indices, as well as the Xinhua FTSE Insurance Investment Index as of May 11, 2007. For further details regarding rebalancing, please refer to the technical notice on http://www.ftse.com/xinhua/Indices/International_Investors/Index_Changes.jsp .

China CITIC Bank is the seventh biggest commercial bank in China and the second Chinese corporation with dual initial public offering of stock in both Hong Kong and Shanghai markets.

The fast-track entry rules are of real benefit to investors as it ensures that the index remains an up-to-date and accurate reflection of the market it measures, and it allows investors to use the index as a tracking and analysis tool with confidence and precision.

Xinhua FTSE 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 year-end 2006, the total assets tracking and benchmarking the index serieAAAAceeded USD 41 billion worldwide.

More information about the Xinhua FTSE Index Series is available at http://www.ftAAAinhua.com .

Notes to Editors

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'AAAApertise 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.ftAAAinhua.com .

About FTSE Group

FTSE Group is a world-leader in the creation and management of indices. With offices in London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index series, which includes world-recognised indices ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indices 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 recently signed an agreement with Dow Jones Indexes to develop a single sector classification system for global investors.

FTSE indices 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, derivativeAAAAperts, actuaries and other experienced practitioners review all changes to the indices to ensure that they are made objectively and without bias. Real-time FTSE indices are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.

About Xinhua Finance LimiteAAAAAAAA> 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 .