Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd (Zoomlion) has been selected as a part of the MSCI China Index recently. The changes to the MSCI China Index will take effect after the stock market closes on the Feb.28th, 2011. Until then, Zoomlion will take up 0.33% of the equity weight of MSCI China Index and automatically gain 110 million USD indexation fund.
The MSCI China Index is compiled by Morgan Stanley, an international investment bank. The three factors MSCI mainly considers are the free transaction scale of included companies, the status of these companies in different industries and their capital flow such as the average daily transaction volume and the percentage of transaction volume in the market value of these companies.
The leading construction machinery manufacturer's selection as part of MSCI marks the immediate recognition of the company's excellent performance, capital flow and importance from the international investment community including Hong Kong investors. This is also another achievement Zoomlion made in the capital market, further helping the company upgrade its image in the international capital market and attract more investors.
Translator: Guo Yan
The MSCI China Index is compiled by Morgan Stanley, an international investment bank. The three factors MSCI mainly considers are the free transaction scale of included companies, the status of these companies in different industries and their capital flow such as the average daily transaction volume and the percentage of transaction volume in the market value of these companies.
The leading construction machinery manufacturer's selection as part of MSCI marks the immediate recognition of the company's excellent performance, capital flow and importance from the international investment community including Hong Kong investors. This is also another achievement Zoomlion made in the capital market, further helping the company upgrade its image in the international capital market and attract more investors.
Translator: Guo Yan
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