Author: Zoomlion Source: Zoomlion 2009-03-31
Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd. (Industrial Goods & Services, 000157.SZ) is in the list of the nine companies that are being added to the Dow Jones China 88 Index.
The Dow Jones China Indexes are designed to provide investors globally with accurate tools for measuring equity performance in China. Float-adjusted shares which exclude all state-owned and unlisted employee shares are used for stock selection and index calculation, in order to accurately reflect shares available to the public. Block holdings of individuals, other companies or governments that exceed 5% of total market value are also excluded.
The Dow Jones China 88, together with Dow Jones Shanghai and Dow Jones Shenzhen indexes, was launched on May 27, 1996 to commemorate the 100th anniversary of the Dow Jones Industrial Average, the world's most widely quoted stock market indicator.
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