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Article: CHINA EAST AIR DELISTED FROM MSCI BROAD CHINA INDEX
- Article from:
- AsiaInfo Services
- Article date:
- November 14, 2008
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AsiaInfo Services
11-14-2008
China East Air Delisted from MSCI Broad China Index
HONG KONG, Nov 14, 2008 (SinoCast via COMTEX) -- Stock index provider MSCI Barra, delisted six airline and real estate stocks from the MSCI Broad China Index via its half-year stock index adjustment.
The six stocks are China East Air (SEHK: 0670), China Southern Airlines (SEHK: 1055), Nine Dragons Paper (Holdings) Limited (SEHK: 2689), Hopson Development Holdings (SEHK: 0754), CITIC Resources (SEHK: 1205), and Hidili Industry International Development Ltd. (SEHK: 1393), due to not well performance this year. Trapped in low demands and rising fuels cost, China East Air and China Southern Airlines are likely to ...