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Article: FTSE Xinhua Index Wins New Business.
- Article from:
- PR Newswire
- Article date:
- November 18, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HONG KONG, Nov. 18 /Xinhua-PRNewswire/ -- FTSE Xinhua Index Ltd, the leading China index specialist, has been selected by Barclays Global Investors (BGI) as the index provider for a new ETF, which is the first ETF on China "A' Shares and begins trading on the Stock Exchange of Hong Kong today.
Based on the FTSE/Xinhua China A50 Index, the new iShares FTSE/Xinhua A50 China Tracker today traded 665,300 units with a turnover value of HK$29.6 million. The FTSE/Xinhua China A50 Index closed up 0.75% at 4433.56.
Zhu Shan, Managing Director at FTSE Xinhua Index, said at the listing ceremony, "The FTSE/Xinhua China A50 Index represents the largest 50 "A" share ...