April 10, 2009

New Index for Shanghai Stocks

Details are sketchy but later this month (April 23), the China Securities Index Company (that's CSI as in the CSI 300 Index) will debut the SSE Mega-Cap Index to cover the A share heavyweights. According to China Daily: "The index includes 20 blue-chips with a combined capitalization of 6.16 trillion yuan, accounting for 49 percent of the total market value of Shanghai-based A shares [last] Wednesday"...

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