Wednesday November 23 2022
News Source: Global Exchanges
Focus: General - Global Exchanges
On 22nd November 2022, the Shenzhen Stock Exchange (SZSE) announced that its wholly-owned subsidiary Shenzhen Securities Information Co Ltd (SSIC) has decided to revise the CNI cross-market index methodology and incorporate the securities that had been listed on Beijing Stock Exchange for at least one year into the index selection room based on extensive solicitation of opinions from market players, while other rules remain unchanged. This revision is applicable to all CNI cross-market indexes and will be officially effective at the time of regular sample adjustment period in June 2023
SSIC is committed to providing investors with differentiated index investment underlyings by relying on CNI series index and focusing on emerging and growing characteristics. By the end of October 2022, more than 80 index fund products had been developed by CNI, totaling RMB75.4 billion with high recognition in the market.
Next, according to the plans and requirements of China Securities Regulatory Commission (CSRC), SZSE will further carry out relevant work to deepen reforms on the investment end, constantly advance the construction of characteristic index system, give full play to the role of the capital market and better serve national strategies and overall economic and social development.
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