2 indices for ChiNext
By Winny Wang |
June 1, 2010, Tuesday
|
Print Edition
Print Edition
THE Shenzhen Stock Exchange will launch two indices for the ChiNext today.
The two indices comprise a price index and a yield index, with the base date on May 31 and base value of 1,000 points, the bourse said in a statement on its Website yesterday.
A total of 86 companies were listed on the ChiNext board by May 28 with a total market value of 383.46 billion yuan (US$56.2 billion) and a free float of 86.25 billion yuan since the Shenzhen bourse launched the board last October to finance innovation-driven but cash-strapped startup firms.
The indices will cover 100 component stocks, the bourse said.
The two indices comprise a price index and a yield index, with the base date on May 31 and base value of 1,000 points, the bourse said in a statement on its Website yesterday.
A total of 86 companies were listed on the ChiNext board by May 28 with a total market value of 383.46 billion yuan (US$56.2 billion) and a free float of 86.25 billion yuan since the Shenzhen bourse launched the board last October to finance innovation-driven but cash-strapped startup firms.
The indices will cover 100 component stocks, the bourse said.
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