New index highlights power of Chinese private sector

UBS Warburg is introducing an index tracking the performance of China''s listed private sector.

UBS Warburg has introduced the first index to cover China's private sector, the China Private Enterprise Index, also known as the ôP-Share Indexö It reflects the performance of Chinese companies with controlling stakes held by individuals or families Tracking the index's constituents reveals it has jumped 51 07% in local currency terms and 50 89% in dollar terms from January to August 1, 2001

In contrast, the red chip index (Chinese companies incorporated in Hong Kong) has risen 1 49%, while the H-share (China-incorporated, Hong Kong-listed companies) index gained 22 88% for the same period

ôWe introduced the P-Share Index because we think they can outperform the ex-SOEs (state-owned enterprises) listed in Hong Kong as...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222