S&P Dow Jones Indices launches indices on Chinese equity market

S&P Dow Jones Indices has announced the launch of the S&P Total China BMI Indices, an extension to the S&P Global BMI family.

The five indices are designed to allow global investors to analyse the Chinese equity market in a robust and efficient manner by including both A-shares and off-shore listings in one set of indices, S&P Dow Jones Indices said.

The indices launched include:

• S&P China A BMI: A broad market index representing large-, mid-, and small-cap China A-shares
• S&P China A+B BMI: A broad market index representing large-, mid-, and small-cap China A- and B-shares
• S&P Total China BMI: Combining the S&P China A BMI and S&P China BMI (an index covering all Chinese equities accessible to foreign investors, except the A-shares), this index represents the entire investable universe of Chinese companies, including A-, B- and H-shares, Red Chips and P Chips, as well as Chinese securities listed in the U.S., Singapore and other global exchange venues
• S&P Total China BMI + Hong Kong BMI: Representing the entire investable universe of Chinese and Hong Kong-based companies by combining the S&P Total China BMI and S&P Hong Kong BMI
• S&P Total Greater China BMI: Representing the full universe of stocks from the Greater China region by combining the S&P Total China BMI, S&P Hong Kong BMI and S&P Taiwan BMI

“As China further opens its stock market to foreign investment, A-shares are garnering increased attention from global investors looking to diversify their portfolios,” says Michael Orzano, Associate Director of Global Equity Indices at S&P Dow Jones Indices. “This trend is making Chinese equity benchmarks that include both domestic and off-shore listings more relevant to investors around the world.”

The S&P Global BMI is the only global index suite with a transparent, modular structure that has been fully float adjusted since 1989. This index series includes approximately 10,000 stocks from 26 developed and 20 emerging markets.

The new additions of the S&P Total China BMI Indices underline S&P Dow Jones Indices’ commitment to Greater China and to facilitate global investors’ access to equity market intelligence in the region, the firm also said.

preloader
Close Window
View the Magazine





You need to fill all required fields!