www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

New cross-border index to be launched

By Oswald Chen from Hong Kong (China Daily) Updated: 2012-11-28 09:21

CES China 120 Index to track HK & mainland listed-firms' performances

The Hong Kong Exchanges and Clearing Ltd (HKEx), the Shanghai Stock Exchange and Shenzhen Stock Exchange will introduce the first cross-border equity market index to tap the growing demand of investors seeking exposure to mainland assets.

The CES China 120 Index, the first index in the new CESC Cross Border Index Series, covers 40 HKEx-listed mainland companies as well as 80 companies listed on the Shanghai and Shenzhen exchanges.

The selected companies will be chosen based on the following criteria: they are listed for over three months; they are ranked as the top 50 percent by average daily turnover and their capitalizations are among the top 80 for mainland-listed A Shares/ranked as the top 40 for Hong Kong-listed H-Shares respectively.

The selected mainland companies will also be chosen on the basis they are incorporated on the mainland, or their major operations centers are situated on the mainland, or more than 50 percent of their business revenues are generated on the mainland.

The CES China 120 Index will be launched on Dec 10 this year and the sub-indices of CES China HK Mainland Index and CES China A80 Index will be introduced shortly.

"As the interaction and correlation between Hong Kong and mainland share markets are increasing, we think we can tap the market demand for the cross-border equity indices because many investors are interested in the mainland assets listed in the city or on the mainland," CESC Chief Executive Bryan Chan said at the Tuesday press conference.

CESC is a joint venture formed and equally owned by the HKEx, the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The joint venture was officially launched in September and commenced operations in October. The company is designed to contribute to the mainland capital market's development.

Chan envisaged that the launch of the CES China 120 Index would elicit the provision of various financial products in the future.

"There are already some mutual fund managers (who) are showing interest toward the new index, however whether there will be exchanged traded funds that track the CES China 120 Index will depend on the product development capabilities of the mutual fund industry," Chan said.

"We also expect that some financial derivative products that track CES China 120 Index as the underlying asset may emerge in the market next year, depending on the relevant regulatory framework toward financial derivative products on the mainland," Chan added.

Chan said that the CESC will enrich the product mix's compilation process in the future to include other mid-cap or small-cap size A and H Shares to facilitate the launch of the mid-cap or small-cap cross-border equity indices. CESC will also consider companies without mainland business backgrounds to be included in the future cross-border index compilation.

The CES China 120 Index will be mainly geared toward financials (48 percent), energy (15 percent), consumer staples (7 percent) and industrials (6 percent).

oswald@chinadailyhk.com

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美日本综合一区二区三区 | 久久福利青草精品资源站免费 | 亚洲男人的性天堂 | 亚洲国产精品免费在线观看 | 国产精品久久久久久麻豆一区 | 日韩精品免费看 | 欧美成人精品一区二区三区 | 黄网在线观看免费 | 国产国语对白一级毛片 | 欧美日韩在线视频不卡一区二区三区 | 欧美一区二区三区免费高 | 精品午夜久久网成年网 | 亚洲精品一区二区不卡 | 毛片在线播放网站 | 免费区一级欧美毛片 | 美女网站视频黄色 | 免费 欧美 自拍 在线观看 | 美国一级毛片片aa久久综合 | 成年女人免费观看视频 | 久久久久久久久久久96av | 成人69视频在线观看免费 | 国产一级在线观看www色 | 久久久久久久国产高清 | 久草视频在线免费 | 亚洲综合免费视频 | 国产人成午夜免视频网站 | 久久久久久综合成人精品 | 亚洲精品久久久午夜伊人 | 国产精品日本一区二区在线播放 | 亚洲高清视频在线播放 | 在线观看毛片网站 | 最新亚洲人成网站在线影院 | 国产农村乱 | 色偷偷888欧美精品久久久 | 免费国产成人高清在线观看视频 | 91日韩精品天海翼在线观看 | 久久久精品免费观看 | f性欧美| 免费特黄 | 精品久久久久久综合日本 | 日韩一中文字幕 |