Bringing you live news and features since 2006 


STOXX changes index universe definition for Chinese shares


STOXX has announced a rule change to its indices in regard to the definition of the index universe for Chinese and Hong Kong share types. Furthermore, a name change for the STOXX Americas 600 Index and all sub- and sector-indices was announced. All changes will become effective with the Q2 Benchmark Review on 18 June, 2012.

The STOXX Americas 600 Index is a sub-set of the STOXX Global 1800 Index, and represents the 600 largest companies in the Americas portion of the global index. As it only covers Canada and the United States, the index will be renamed to STOXX North America 600 Index as of June 18, 2012, for clarity’s sake. The index universe of this index remains unchanged.
As of 18 June, 2012, the definition of the index universe for Chinese and Hong Kong shares will change. This will affect the STOXX Asia/Pacific 600, STOXX China Total Market and STOXX Hong Kong Total Market indices, as well as all related sub- and sector indices.
Currently, China Red Chip shares are classified to be part of Hong Kong. With the implementation of the rule change, these shares will become classified as Chinese shares. The selection universe for the STOXX Asia/Pacific 600 Index will be expanded to also include the share category “China Red Chips”.

Furthermore, Chinese B-Shares will be added to the selection universe for China.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by