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China Enterprises Index moves down 0.17%

China Enterprises Index moves down 0.17%

Write: Zilli [2011-05-20]

Hang Seng China Enterprises Index moved down 21.96 points, to close at 12,994.41 on Wednesday.

The H-shares index, initiated in August 1994 and readjusted on Sept. 7, 2009, tracks the overall performance of 44 major Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

The Hang Seng China H-Financials Index dropped 68.31 points, or 0.38 percent, to 17,943.38.

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

The Hang Seng China-Affiliated Corporations Index dropped 12.00 points, or 0.28 percent, to close at 4,291.12.

The index tracks the performance of 34 locally listed companies with a significant equity interest held by entities in the Chinese mainland.