FTSE Russell adds Chinese companies to China indices in quarterly review

 

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FTSE Russell has made three additions to the FTSE China A50 Index and one to the FTSE China 50 Index in its quarterly review of China indices, the global index publisher said on Wednesday.

EVE Energy, PetroChina and Shaanxi Coal Industry will be added to the FTSE China A50 Index, which represents the 50 largest A-Share companies tracked by domestic and international investment portfolios. Meanwhile, Anhui Conch Cement, China Pacific Insurance and Zhangzhou Pientzehuang Pharmaceutical will be removed from the index.

For the FTSE China 50 Index, the index provider will add Yanzhou Coal Mining , but drop Shenzhou International Group Holdings.

The review changes will take effect on Sept. 19, it said.