Reporters' Log

China plans to launch Shanghai-Shenzhen 300 ETF index

By Bi Xiaoning and Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-07 17:31

Shanghai Stock Exchange is planning to introduce the Shanghai-Shenzhen 300 ETF index this year, which will become the underlying index for the index futures, a top exchange official said Saturday.

Shanghai Stock Exchange is also planning to develop other industry-specific ETF indices and a bonds ETF index, said Geng Liang, chairman of Shanghai Stock Exchange.

The Shanghai-Shenzhen 300 ETF index, jointly developed with Shenzhen Stock Exchange, covers China's main stocks traded in the two exchanges, Geng said.

An ETF is an open fund traded on stock exchanges, with its value going up or down simultaneously with a certain index.

Central Economic Work Conference

• Interest Rate Cut
• 30 Years of Reforms
• Coping with Financial Crisis
• Housing in China
• 2008 Tsinghua Management Global Forum
• more

Hot Words

• 政府注資 pump priming
• 軟環(huán)境 soft environment
• 糧食最低收購價 crops' minimum purchase prices

• 保八 Eight Percent Protection
• 以人為本 Put People First
• 農(nóng)民企業(yè)家 Farmer-turned-entrepreneur
• 窗口指導 window guidance
• 下崗再就業(yè) Re-employment after being laid off
• more

From Foreign Press

• German media give full coverage to Premier's report
• Overseas press praise China's 8% economic growth
• German media: Economy tops agenda at NPC session
• From the foreign press
• World media keeps close watch on 'two sessions'
• more

Letters

• Corruption top issue for public
• China adopts Food Safety Law
• China's economic growth in 2009
• more