NEW YORK, May 31, 2006 (PRIMEZONE) -- Dow Jones Indexes, a leading global index provider, today announced a component change in the Dow Jones China Offshore 50 Index.
Effective with the opening of trading on Monday, June 5, 2006, Bank of China (H Shares) will replace BOC Hong Kong (Holdings) Limited in the Dow Jones China Offshore 50 Index.
Bank of China (H Shares), whose primary business is in mainland China, will begin trading on the Hong Kong Stock Exchange on Thursday, June 1, 2006. The company ranks among the top 25 by float-adjusted market capitalization and qualifies for the fast-entry rule.
The Dow Jones China Offshore 50 Index represents the largest, super-sector leaders of companies whose primary operations are in mainland China but trade at the Hong Kong Stock Exchange, New York Stock Exchange, Nasdaq or American Stock Exchange. Stocks included in the index are H shares, red chips, ADR/ADS and Chinese stocks listed in the U.S. If a stock is traded on two or more overseas exchanges, only the listing with the highest trading volume is included in the selection universe.
The index is weighted based on float-adjusted market capitalization. The weights of individual components are capped at 10% of the float-adjusted market capitalization of the index.
Further information about the Dow Jones China Offshore 50 Index, including the component list, methodology and performance data, is available at www.djindexes.com.
Company additions to and deletions from the Dow Jones China Offshore 50 Index do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact a member of the Dow Jones Indexes/STOXX public relations group:
New York: +1-212-597-5720 Frankfurt: + 49-69-29-725-290
Note to Editors:
About Dow Jones Indexes
Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information. Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages and the Dow Jones Global, Regional, Country and Sector Titans Indexes and is co-owner of the Pan-European Dow Jones STOXX Indexes. Together with Wilshire Associates, Dow Jones Indexes markets and licenses the Dow Jones Wilshire index family, which includes the Dow Jones Wilshire 5000 and its size, style, and sector indexes. Dow Jones Indexes also offers a number of specialty indexes including hedge fund, commodity and credit derivative indexes.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE:DJ) (dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, MarketWatch and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva and with Hearst of SmartMoney. Dow Jones also provides news content to CNBC and radio stations in the U.S.
The Dow Jones Indexes logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1289