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China Shenhua Energy added to the FTSE/Xinhua China 25 Index

Beijing, 13 October 2005 – FTSE Xinhua Index (FXI), the independent China index provider, held its quarterly Index Committee meeting on Tuesday to review and approve constituent changes on the FTSE Xinhua China Index Series. China Shenhua enters the FTSE/Xinhua China 25 Index as the 9th largest stocks in the index by market capitalization. The change became effectively after the close of business on Friday 21 October 2005 (i.e. on Monday, 24 October 2005).

The FTSE/Xinhua 25 Index covers Hongkong, Shanghai and Shenzhen stock exchanges, and has been recognized internationally as a highly tradable index with a number of ETFs and derivative products listed against it. Any change to the index should be reviewed by the FTSE/Xinhua index committee pursuant to the open and transparent basic rules to ensure consistency and liquidity of the investment linking to the index. The FTSE/Xinhua 25 Index is used by investors around the world in investment analysis, performance measurement, asset allocation and portfolio hedging, also can be a part of series of index funds. The committee consisting of senior fund manager, derivative expert, actuarial analyst and other experienced specialist reviews and approves constituent changes to the index independently, pursuing to reflect the market conditions accurately and unbiasedly. The spot price of the index is calculated on Reuters system. All exchange rate and stock price the index used are also provided by Reuters.
 



Updated on 2005-10-21
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