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.
CCCC 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.