Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. announce release of SME Board300 Index

Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. announce release of SME Board300 Index

23/03/10

The SZSE and Shenzhen Securities Information Co., Ltd. had announced that for meeting the demands of the speedy market development, the SME Board 300 index will be officially compiled as of on March 22, 2010 and released. The index tracks the 300 sample stocks listed on SME board with the base date of March 19, 2010 and the basis point of 1000.

Up to now, the SME board has been the important part of China’s multi-layered market with the strong growth trend; at this regard, more small-medium enterprises in the high growth period will be included. At the same time, the release of SME Board300 index will be conducive to improving the coverage of component stocks in the market, optimizing the industry of the index and the weight structure of market value of sample stocks and providing new targets for the development of such products as index and fund. Compared with SME Board100, the coverage of the SME board 300 index in respect of the circulation market value, the totaled market value and the deal making amount has been obviously improved. The concentration ratio of the top 3 industries has dropped from 46 percent to 41 percent; the weight of the first heavy-weight stocks has fallen from 13 percent to 8 percent; the weight concentration of the top 10 heavy-weight stocks has went down from 39 percent to 25 percent. In addition, the market performance of indexes has been improved a little.

Meanwhile, the price index and return index will be released synchronously. The SME board 300 index has the code of 399008 and the abbreviation of “SME300P”; the return index has the code of 399601 and the abbreviation of “SME300R”.