Hang Seng Indexes Announces Index Review Results

Transcription

1 16 August 2017 Hang Seng Indexes Announces Index Review Results Hang Seng Indexes Limited ( Hang Seng Indexes ) today announced the results of its review of the Hang Seng Family of Indexes for the quarter ended 30 June All changes will be effective on 4 September 2017 (Monday). 1. Hang Seng Index The following constituent changes will be made to the Hang Seng Index. The total number of constituents will increase from 49 to 50. FAF (%) Sub-Index 288 WH Group Ltd. 65 Commerce & Industry The list of constituents is provided in Appendix Hang Seng China Enterprises Index There is no change to the constituents of the Hang Seng China Enterprises Index. The total number of constituents is fixed at 40. The list of constituents is provided in Appendix 2.

2 Hang Seng Indexes Announces Index Review Results/ 2 3. Hang Seng Composite LargeCap & MidCap Index The following constituent changes will be made to the Hang Seng Composite LargeCap & MidCap Index. The total number of constituents will remain at C. P. Pokphand Co. Ltd. 136 HengTen Networks Group Ltd. 698 Tongda Group Holdings Ltd Kingston Financial Group Ltd Lifestyle International Holdings Ltd China Resources Phoenix Healthcare Holdings Co. Ltd WuXi Biologics (Cayman) Inc Guotai Junan Securities Co., Ltd. - H Shares 2799 China Huarong Asset Management Co., Ltd. - H Shares 3606 Fuyao Glass Industry Group Co., Ltd. - H Shares 245 China Minsheng Financial Holding Corporation Ltd. 297 Sinofert Holdings Ltd. 933 Brightoil Petroleum (Holdings) Ltd. 991 Datang International Power Generation Co., Ltd. - H Shares 1230 Yashili International Holdings Ltd Renhe Commercial Holdings Co. Ltd Cosmo Lady (China) Holdings Co. Ltd China Shineway Pharmaceutical Group Ltd Golden Eagle Retail Group Ltd Tech Pro Technology Development Ltd. The complete review results of the Hang Seng Composite Index and its sub-indexes have been released in a separate index notice.

3 Hang Seng Indexes Announces Index Review Results/ 3 4. Hang Seng China A Industry Top Index The following constituent changes will be made to the Hang Seng China A Industry Top Index. The total number of constituents will decrease from 49 to Focus Media Information Technology Co., Ltd Goertek Inc S.F. Holding Co., Ltd Wanhua Chemical Group Co., Ltd Shandong Gold Mining Co., Ltd Shanghai Oriental Pearl Media Co., Ltd Shaanxi Coal Industry Limited China Baoan Group Co., Ltd ZTE Corporation Shenzhen Overseas Chinese Town Co., Ltd Aisino Corporation Jiangxi Copper Limited Shanghai Electric Group Limited China Oilfield Services Limited China Molybdenum Co., Ltd. 5. Hang Seng Corporate Sustainability Index Series The constituent selection of the Hang Seng Corporate Sustainability Index Series ( Index Series ) includes consideration of the results of the HKQAA Sustainability Rating and Research sustainability assessment, developed and carried out by the Hong Kong Quality Assurance Agency ( HKQAA ), under which companies are assigned a sustainability performance score after being assessed in seven core subjects. HKQAA was appointed by Hang Seng Indexes as its project partner for the index series in 2014.

4 Hang Seng Indexes Announces Index Review Results/ 4 The three highest-scoring sustainability performers across the index series are listed below in ascending stock code order: 11 Hang Seng Bank Ltd. 992 Lenovo Group Ltd Swire Properties Ltd. Constituent companies with the highest scores in each of the core subjects across the index series are listed below: Core Subjects () Community Involvement and Development HSBC Holdings (5) Consumer Issues HSBC Holdings (5) Corporate Governance Swire Properties Ltd. (1972) Fair Operating Practices NWS Holdings Ltd. (659) Human Rights HSBC Holdings (5) Labour Practices Swire Properties Ltd. (1972) The Environment Swire Pacific Ltd. (19, 87) Hang Seng Corporate Sustainability Index The following constituent changes will be made to the Hang Seng Corporate Sustainability Index. The total number of constituents is fixed at China Railway Group Ltd. - H Shares 69 Shangri-La Asia Ltd.

5 Hang Seng Indexes Announces Index Review Results/ 5 Hang Seng (China A) Corporate Sustainability Index There is no change to the constituents of the Hang Seng (China A) Corporate Sustainability Index. The total number of constituents is fixed at 15. Hang Seng (Mainland and HK) Corporate Sustainability Index Constituent companies either joining or leaving the Hang Seng Corporate Sustainability Index or the Hang Seng (China A) Corporate Sustainability Index after the review will automatically be included in or excluded from the Hang Seng (Mainland and HK) Corporate Sustainability Index. Hang Seng Corporate Sustainability Benchmark Index The following constituent changes will be made to the Hang Seng Corporate Sustainability Benchmark Index. The total number of constituents will increase from 92 to Wheelock and Co. Ltd. 323 Maanshan Iron & Steel Co. Ltd. - H Shares 347 Angang Steel Co. Ltd. - H Shares 480 HKR International Ltd. 506 China Foods Ltd. 778 Fortune Real Estate Investment Trust 991 Datang International Power Generation Co., Ltd. - H Shares 1109 China Resources Land Ltd Nexteer Automotive Group Ltd Hua Hong Semiconductor Ltd Xinjiang Goldwind Science & Technology Co., Ltd. - H Shares 2238 Guangzhou Automobile Group Co., Ltd. - H Shares 3377 Sino-Ocean Group Holding Ltd GCL-Poly Energy Holdings Ltd.

6 Hang Seng Indexes Announces Index Review Results/ Shanghai Industrial Holdings Ltd. 552 China Communications Services Corporation Ltd. - H Shares 670 China Eastern Airlines Corporation Ltd. - H Shares 998 China CITIC Bank Corporation Ltd. - H Shares 1113 Cheung Kong Property Holdings Ltd China Zhongwang Holdings Ltd The People's Insurance Co. (Group) of China Ltd. - H Shares 1963 Bank of Chongqing Co., Ltd. - H Shares 1999 Man Wah Holdings Ltd Zhuzhou CRRC Times Electric Co., Ltd. - H Shares 6818 China Everbright Bank Co. Ltd. - H Shares Hang Seng (China A) Corporate Sustainability Benchmark Index The following constituent changes will be made to the Hang Seng (China A) Corporate Sustainability Benchmark Index. The total number of constituents will decrease from 30 to Xinjiang Goldwind Science & Technology Co., Ltd Guangzhou Automobile Group Co., Ltd Datang International Power Generation Co., Ltd China International Marine Containers (Group) Co., Ltd Shanxi Taigang Stainless Steel Co., Ltd Tsingtao Brewery Co. Ltd China Everbright Bank Limited The constituents of the various indexes of the Hang Seng Corporate Sustainability Index Series are provided in Appendix 3.

7 Hang Seng Indexes Announces Index Review Results/ 7 6. Hang Seng China AH Index Series The following constituent changes will be made to the Hang Seng China AH Index Series. The total number of constituent companies will increase from 60 to 71. HK Share A Share Tsingtao Brewery Co. Ltd Jiangsu Expressway Co. Ltd Maanshan Iron & Steel Co. Ltd Shenzhen Expressway Co. Ltd Hisense Kelon Electrical Holdings Co. Ltd Datang International Power Generation Co., Ltd Tianjin Capital Environmental Protection Group Co. Ltd COSCO SHIPPING Energy Transportation Co., Ltd Shandong Chenming Paper Holdings Ltd China Int'l Marine Containers (Group) Co., Ltd Guangzhou Automobile Group Co., Ltd Guotai Junan Securities Co., Ltd China Oilfield Services Ltd China Galaxy Securities Co., Ltd. HK Share A Share Sinopec Oilfield Service Corporation DFZQ Everbright Securities Co. Ltd.

8 Hang Seng Indexes Announces Index Review Results/ 8 7. Hang Seng China A Top 100 Index The following constituent changes will be made to the Hang Seng China A Top 100 Index. The total number of constituents is fixed at S.F. Holding Co., Ltd China Gezhouba Group Limited China Grand Automotive Services Co., Ltd Sinopec Shanghai Petrochemical Limited Bank of Jiangsu Co., Ltd Bank of Shanghai Co., Ltd China Galaxy Securities Co., Ltd China International Marine Containers (Group) Co., Ltd ZTE Corporation Offshore Oil Engineering Co., Ltd Tsingtao Brewery Co. Ltd Shanghai Electric Group Limited China Oilfield Services Limited Datang International Power Generation Co., Ltd.

9 Hang Seng Indexes Announces Index Review Results/ 9 8. Hang Seng China 50 Index The following constituent changes will be made to the Hang Seng China 50 Index. The total number of constituent companies is fixed at 50. HK Share A Share Wuliangye Yibin Co., Ltd. HK Share A Share Greenland Holdings Corporation Limited Other Benchmark & Thematic Indexes The Benchmark and Thematic Indexes in the Hang Seng Family of Indexes were also part of the index review. The review results of the Benchmark Indexes and Thematic Indexes have been released in a separate index notice. About Hang Seng Indexes Limited The Hang Seng Family of Indexes is managed and compiled by Hang Seng Indexes Limited (formerly HSI Services Limited), which is a wholly-owned subsidiary of Hang Seng Bank. The Hang Seng Family of Indexes comprises a wide range of Flagship, Benchmark, Thematic, Strategy and Bond indexes that cover stocks/bonds listed in Hong Kong/mainland China markets. For further information on the Hang Seng Family of Indexes, please visit the company's website at About HSI Advisory Committee Hang Seng Indexes Limited has appointed an independent advisory committee which meets regularly to discuss matters pertaining to the indexes, including changes of constituents and the launch of new indexes. About Index Review Hang Seng Indexes Limited conducts regular reviews of indexes in the Hang Seng Family of Indexes. The review frequency of each index is on a quarterly, half-yearly or annual basis according to its index methodology. Reviews will usually be completed within eight weeks after each calendar quarter-end. # End #

10 Constituent Change 288 ADD Name WH GROUP Hang Seng Index Appendix 1 (Effective 4 September 2017) REMOVE NIL Index Information Number of Constituents (Effective 4 September 2017): 50 Market Value Coverage Ratio* (As at 30 June 2017): 57.5% Turnover Coverage Ratio* (Second Quarter of 2017): 49.9% * The universe comprises Main Board primary listings excluding foreign companies Constituent List (Assuming the constituent changes had been effective on 14 August 2017 Name FAF (%)^ Weighting (%) * Before After ** Finance HSBC HOLDINGS AIA CCB (H) ICBC (H) BANK OF CHINA (H) PING AN (H) HKEX CHINA LIFE (H) BOC HONG KONG HANG SENG BANK BANK OF E ASIA BANKCOMM (H) Utilities CLP HOLDINGS HK & CHINA GAS POWER ASSETS CKI HOLDING CHINA RES POWER Properties CK PROPERTY SHK PPT LINK REIT CHINA OVERSEAS WHARF HOLDINGS CHINA RES LAND NEW WORLD DEV HENDERSON LAND SINO LAND 50 # HANG LUNG PPT Commerce & Industry TENCENT CHINA MOBILE CKH HOLDINGS CNOOC SINOPEC CORP (H) GALAXY ENT PETROCHINA (H) GEELY AUTO SANDS CHINA LTD AAC TECH MTR CORPORATION 30 # CHINA UNICOM WH GROUP CITIC CHINA SHENHUA (H) HENGAN INT'L MENGNIU DAIRY SWIRE PACIFIC A WANT WANT CHINA LENOVO GROUP CHINA MER PORT 40 # KUNLUN ENERGY CATHAY PAC AIR Total ^ FAF is subject to change resulted from substantial capital change issues * Figures may not add up to totals due to rounding. ** The weighting changes reflect a re-capping of TENCENT and HSBC to 10%, and changes in FAF # FAF changed in this review. New FAF will take effect on 4 September 2017 (H): H-share company

11 Hang Seng China Enterprises Index Appendix 2 Constituent Change ADD NIL (Effective 4 September 2017) REMOVE NIL Constituent List (Assuming the rebalancing had been undertaken on 14 August 2017) Weighting (%) Name FAF (%)^ * Before After ** 2318 PING AN ICBC CCB BANK OF CHINA CHINA LIFE SINOPEC CORP PETROCHINA CM BANK ABC 90 # CPIC PICC P&C CHINA SHENHUA CHINA TELECOM BANKCOMM CITIC BANK CHINA COMM CONS MINSHENG BANK 85 # HAITONG SEC SINOPHARM NCI CONCH CEMENT CITIC SEC GREATWALL MOTOR BYD COMPANY CRRC CHINA VANKE CHINA CINDA DONGFENG GROUP PSBC PICC GROUP HTSC GF SEC CHINA RAILWAY CGS CGN POWER HUANENG POWER CHINA RAIL CONS CRRC TIMES ELEC CHINA LONGYUAN AIR CHINA Total Total number of constituents: 40 ^ FAF is subject to change resulted from substantial capital change issues. * Figures may not add up to totals due to rounding. ** The weighting changes reflect a re-capping of PING AN, ICBC, CCB and BANK OF CHINA to 10%, and changes in FAF. # FAF changed in this review. New FAF will take effect on 4 September 2017.

12 Constituent List of the Hang Seng Corporate Sustainability Index Series Appendix 3 Hang Seng Corporate Sustainability Benchmark Index (Effective 4 September 2017) Name Name 1 * CKH HOLDINGS 506 CHINA FOODS 2 * CLP HOLDINGS 606 CHINA AGRI 3 * HK & CHINA GAS 636 KERRY LOG NET 4 * WHARF HOLDINGS 659 NWS HOLDINGS 5 * HSBC HOLDINGS 683 KERRY PPT 6 * POWER ASSETS 700 TENCENT 11 * HANG SENG BANK 737 HOPEWELL INFR 12 * HENDERSON LAND 751 SKYWORTHDIGITAL 14 * HYSAN DEV 763 ZTE 16 * SHK PPT 778 FORTUNE REIT 17 * NEW WORLD DEV 787 GLOBAL BRANDS 19 * SWIRE PACIFIC A 817 CHINA JINMAO 66 * MTR CORPORATION 819 TIANNENG POWER 83 * SINO LAND 939 CCB 101 * HANG LUNG PPT 981 SMIC 257 * CHINA EB INT'L 991 DATANG POWER 293 * CATHAY PAC AIR 1083 TOWNGAS CHINA 388 * HKEX 1088 CHINA SHENHUA 390 * CHINA RAILWAY 1109 CHINA RES LAND 494 * LI & FUNG 1199 COSCO SHIP PORT 688 * CHINA OVERSEAS 1208 MMG 823 * LINK REIT 1308 SITC 941 * CHINA MOBILE 1310 HKBN 992 * LENOVO GROUP 1316 NEXTEER 1398 * ICBC 1347 HUA HONG SEMI 1972 * SWIREPROPERTIES 1919 COSCO SHIP HOLD 2018 * AAC TECH 1929 CHOW TAI FOOK 2388 * BOC HONG KONG 2020 ANTA SPORTS 3968 * CM BANK 2039 CIMC 3988 * BANK OF CHINA 2196 FOSUN PHARMA 8 PCCW 2202 CHINA VANKE 20 WHEELOCK 2208 GOLDWIND 41 GREAT EAGLE H 2238 GAC GROUP 69 SHANGRI-LA ASIA 2282 MGM CHINA 168 TSINGTAO BREW 2313 SHENZHOU INTL 178 SA SA INT'L 2318 PING AN 200 MELCO INT'L DEV 2331 LI NING 215 HUTCHTEL HK 2342 COMBA 242 SHUN TAK HOLD 2343 PACIFIC BASIN 297 SINOFERT 2628 CHINA LIFE 303 VTECH HOLDINGS 2778 CHAMPION REIT 316 OOIL 2883 CHINA OILFIELD 323 MAANSHAN IRON 3311 CHINA STATE CON 330 ESPRIT HOLDINGS 3328 BANKCOMM 341 CAFE DE CORAL H 3331 VINDA INT'L 347 ANGANG STEEL 3377 SINO-OCEAN GP 405 YUEXIU REIT 3800 GCL-POLY ENERGY 480 HKR INT'L * This company is also a constituent of the Hang Seng Corporate Sustainability Index and the Hang Seng (Mainland and HK) Corporate Sustainability Index.

13 Hang Seng (China A) Corporate Sustainability Benchmark Index (Effective 4 September 2017) Name Name ^ PING AN BANK CHINA VANKE ^ ZTE SUNING COMMERCE GROUP ^ BOE TECHNOLOGY GROUP XINJIANG GOLDWIND ^ SHANGHAI PUDONG DEVELOPMENT BAOSHAN IRON & STEEL ^ CM BANK TBEA ^ CHINA UNITED NETWORK GUANGZHOU DEVELOPMENT ^ SAIC MOTOR FOSUN PHARMA ^ QINGDAO HAIER CHINA MERCHANTS SECURITIES ^ PING AN INSURANCE CHINA SHENHUA ENERGY ^ BANKCOMM INDUSTRIAL BANK ^ CHINA RAILWAY GUANGZHOU AUTOMOBILE ^ ICBC CHINA OILFIELD SERVICES ^ CHINA LIFE INSURANCE COSCO SHIPPING ^ CCB DATANG INTERNATIONAL ^ BANK OF CHINA ^ This company is also a constituent of the Hang Seng (China A) Corporate Sustainability Index and the Hang Seng (Mainland and HK) Corporate Sustainability Index. Number of Constituents: Hang Seng Corporate Sustainability Benchmark Index 95 Hang Seng Corporate Sustainability Index 30 Hang Seng (China A) Corporate Sustainability Benchmark Index 29 Hang Seng (China A) Corporate Sustainability Index 15 Hang Seng (Mainland and HK) Corporate Sustainability Index 42 (Companies)