Monday, July 7, 2008

FTSE ST China Top Index

A new FTSE ST China Top Index tracking the 20 largest China stocks listed on SGX has been launched. To be eligible for inclusion in the new index, companies must have either at least 30% ownership by the Chinese government, companies or nationals; or derive at least 50% of revenues from China.

The existing FTSE ST China Index, with its larger basket of 50 component stocks, will continue to act as a general market barometer of the state of China companies listed here.

Both the FTSE ST China Index and the FTSE ST China Top Index will offer opportunities for the creation of and investment into China index-linked products, including exchange traded funds (ETFs), structured products and other derivatives.

The list of stocks is below:
BIO-TREAT TECHNOLOGY
CAPITARETAIL CHINA TRUST*
CHINA AVIATION OIL (S) CORPORATION
CHINA ENERGY
CHINA HONGXING SPORTS
CHINA SKY CHEMICAL FIBRE
CHINA XLX FERTILISER
COSCO CORPORATION (S)
DELONG HOLDINGS
EPURE INTERNATIONAL
FERROCHINA*
FIBRECHEM TECHNOLOGIES
HONG LEONG ASIA*
HSU FU CHI INTERNATIONAL*
MIDAS HOLDINGS*
PACIFIC ANDES*
PEOPLE'S FOOD HOLDINGS*
SYNEAR FOOD HOLDINGS
YANGZIJIANG SHIPBUILDING HOLDINGS
YANLORD LAND GROUP*

* Stocks not included in the FTSE ST China Index

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