New universal China A-share index unveiled

S&P and CITICS partnership to develop A-share indices meeting global standards.

Standard Poor's SP and CITIC Securities CITICS are jointly developing two new China A-share market indices to be launched in early 2004.

Targeting both domestic and foreign investors, the new series hopes to provide the first widely used benchmark incorporating companies from both the Shanghai and Shenzhen bourses. If widely adopted, such a universal index could revolutionize performance measurement among China's fledgling funds management industry.

CITIC Securities as well as other domestic securities firms promotes its own universal A-share index, but it is not considered a standard benchmark. By teaming up with a global provider such as SP, CITIC hopes to rise above the pack. For SP, the...

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 (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, 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 (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222