Changes Are a Result of a Regular Index Review
NEW YORK (June 10, 2010) – Dow Jones Indexes, a leading global index provider, today announced the results of a regular index review of the Dow Jones China Index Series. Component changes in the Dow Jones China Broad Market, Dow Jones Shanghai, Dow Jones Shenzhen, Dow Jones CBN China 600, and Dow Jones CBN China 600 Sector Blue-Chip indexes will be effective after the close of trading on Friday, June 18, 2010.
With 58 additions and 20 deletions, the number of components in the Dow Jones China Broad Market Index will increase to 1272 from 1234 with 1233 A-shares and 39 B-shares. The Dow Jones China Broad Market Index reflects approximately 95% of the free-float market capitalization for both the Shanghai and Shenzhen markets.
The number of components in the Dow Jones Shanghai Index will increase to 731 from 729, with 14 additions and 12 deletions, while the number of components in the Dow Jones Shenzhen Index will increase to 541 from 505 components, with 44 additions and 8 deletions. The Dow Jones Shanghai and Dow Jones Shenzhen indexes represent approximately 95% of the free-float market capitalization of their respective markets.
Thirty-five components will be replaced in the Dow Jones CBN China 600 Index, which reflects roughly 80% of China’s free-float market capitalization.
Dow Jones Indexes also completed the regular semi-annual review for the Dow Jones CBN China 600 Sector Blue-Chip Indexes, which were launched on September 8, 2005 as subsets of the Dow Jones CBN China 600 Index.
All changes are being announced today after the conclusion of a regular index review.
The Dow Jones China 88 and Dow Jones China Offshore 50 indexes are reviewed semi-annually in March and September.
Further information on the Dow Jones China Indexes, is available at http://www.djindexes.com.
The Dow Jones China Indexes are designed to provide investors globally with accurate tools for measuring equity performance in China. Float-adjusted shares are used for stock selection and index calculation, in order to accurately reflect shares available to the public. Block holdings of individuals, other companies or governments that exceed 5% of total market value are excluded.
The Dow Jones China 88, Dow Jones Shanghai and Dow Jones Shenzhen indexes were launched on May 28, 1996 to commemorate the 100th anniversary of the Dow Jones Industrial Average, the world’s most widely quoted stock market indicator.
Company additions to and deletions from the Dow Jones China Indexes do not in any way reflect an opinion on the investment merits of the company.