Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. recently announced a decision that the periodic adjustment to the sampling stocks will be made as regards ChiNext board index; and the adjustment will be officially carried out as of the first trading day of April in 2012.
In the current adjustment, ChiNext will replace 8 stocks including Beilu Pharmaceutical and Zhongyuan Huadian with other 8 stocks including Tangel Culture and CEC Environmental Protection.
After the adjustment, the ChiNext index will show the evident market representativeness. The circulation market value of ChiNext index is 167.3 billion yuan with the market coverage of 59.5 percent which rose 1.5 percent compared with pre-adjustment; the daily turnover is up to 4.78 billion yuan from 4.11 billion yuan, rising 16.37 percent compared to pre-adjustment. According to 2011 quarter-3 financial data, the operating revenue, net profit and assets total of ChiNext index constituent stocks got 55.2 percent, 48.4 percent and 50 percent respectively, up 2.8 percent, 1.8 percent and 1 percent compared with pre-adjustment; the ChiNext index sample stocks conver 8 CNINFO first-tier sectors, 15 second-tier sectors and 25 third-tier sectors.