CCCC included in "Belt & Road" Index
Source:Office of The BoardTime:2018-04-13
On April 9, CCCC was
included in the CES "Belt and Road" Index launched by Hong Kong Exchanges and Clearing Limited, the Shanghai
Stock Exchange and the Shenzhen Stock Exchange. As the only index based on the
data of listed companies' involvement in "Belt and Road"
construction, the "Belt and Road" Index reflects the stock performance
of listed companies involved in "Belt and Road" Initiative.
Based on the feedback data
of 1,286 listed companies, through the fair evaluation of the companies'
performance in engineering contracts, investment, sales, procurement, financing
and insurance underwriting, the index selected representative listed companies
in three measurable aspects: "facilities connectivity",
"unblocked trade" and "financial integration" as first
constituents. Among other traditional energy and infrastructural enterprises
included in the index are CNPC, Sinopec, CSCEC and CRRC.
has echoed the "Belt and Road" Initiative (BRI) since its
proposition. As an important BRI participant, constructor and contributor,
CCCC's inclusion in the index shows the three capital markets' full recognition
of CCCC's performance in "Belt and Road" construction, and boosts the
advancement of BRI. The index will evaluate its constituents every year to reflect
the progress of BRI and help investors duly get opportunities from BRI.