www.marketwatch.com -LONDON, Jun 5, 2012 (GlobeNewswire via COMTEX) --
Dow Jones Indexes, a leading global index provider, today announced that
Hong Kong's Alibaba.com Limited will be removed from the Dow Jones
Islamic Market China/Hong Kong Titans 30 Index due to its acquisition by
Alibaba Group Holding Limited.
Alibaba.com Limited will be replaced by Brilliance China Automotive
Holdings Limited. Headquartered in Shenyang, China, Brilliance China
Automotive Holdings Ltd. is engaged in manufacture and sale of minibuses
and automotive components.
The changes in the Dow Jones Islamic Market China/Hong Kong Titans 30
Index will be effective as of the open of trading on Friday, June 8,
2012. (source)
The Dow Jones Islamic Market China/Hong Kong Titans 30 Index measures
the performance of the 30 largest companies whose primary operations are
in mainland China and Hong Kong but whose stocks trade on the Stock
Exchange of Hong Kong. The components of the index must pass rules-based
screens for Shari`ah compliance.
Company additions to and deletions from the Dow Jones Islamic Market
China/Hong Kong Titans 30 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.
About Dow Jones Indexes
Dow Jones Indexes (
www.djindexes.com ) is a leading full-service index provider that
develops, maintains and licenses indexes for use as benchmarks and as
the basis of investment products. Best-known for the Dow Jones
Industrial Average, Dow Jones Indexes offers more than 130,000 equity
indexes as well as fixed-income and alternative indexes, including
measures of hedge funds, commodities and real estate. Dow Jones Indexes
employs clear, unbiased and systematic methodologies that are fully
integrated within index families. Dow Jones Indexes is the marketing
name for CME Group Index Services LLC, a joint venture company which is
owned 90 percent by CME Group Inc. (
www.cmegroup.com ) and 10 percent by Dow Jones & Company, Inc. (
www.dowjones.com ), a News Corporation company
NWS
+0.11%
NWSA
+0.08%
(asx:NWS) (asx:NWSLV) (
www.newscorp.com ).
"Dow Jones,(R)" "Dow Jones Indexes," "Dow Jones Islamic Market Indexes"
and all other index names listed above are service marks of Dow Jones
Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by
CME Group Index Services LLC ("CME Indexes"). Investment products based
on the Dow Jones Islamic Market China/Hong Kong Titans 30 Index are not
sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their
respective affiliates and none of Dow Jones, CME Indexes and their
respective affiliates make any representation regarding the advisability
of investing in such products. Inclusion of a company in the Dow Jones
Islamic Market China/Hong Kong Titans 30 Index does not in any way
reflect an opinion of Dow Jones, CME Indexes or any of their respective
affiliates on the investment merits of such company. None of Dow Jones,
CME Indexes or any of their respective affiliates is providing
investment advice in connection with these indexes.
The Dow Jones Indexes logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1289
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Dow Jones Indexes
No comments:
Post a Comment