Can S&P usurp FTSE in China?

The new S&P/Citic all-share index will take on FTSE/XinhuaÆs dominant range of products.

SPCitic Index Information Services, a global index provider, has launched the SPCitic Composite A-Shares Index in an attempt to challenge the current dominance of the FTSEXinhua index series in China.

Standard Poor's claims the new index will be the most comprehensive equity market benchmark for local and international investors in China. The index provider says it will be the first to include all A-share stocks listed on the Shanghai and Shenzhen Stock Exchanges and to...

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