FTSE Russell makes additions including PetroChina in review of China indices
BEIJING — FTSE Russell has made three additions to the FTSE China A50 Index and one to the FTSE China 50 Index in its quarterly review of China indices, the global index publisher said on Wednesday.
EVE Energy , PetroChina and Shaanxi Coal Industry will be added to the FTSE China A50 Index, which represents the 50 largest A-Share companies in China tracked by domestic and international investment portfolios.
Meanwhile, Anhui Conch Cement, China Pacific Insurance and Zhangzhou Pientzehuang Pharmaceutical will be removed from that index.
For the FTSE China 50 Index, the index provider will add Yanzhou Coal Mining , but drop Shenzhou International Group Holdings.
FTSE Russell said the review changes will take effect on Sept. 19. (Reporting by Beijing newsroom; Writing by Liz Lee; Editing by Maju Samuel)