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About CME E-mini FTSE/Xinhua China 25 Futures
Contract
The value of one CME E-mini® FTSE®/Xinhua® China 25 futures contract is determined by taking its multiplier of $5 (constant) x the current CME E-mini FTSE/Xinhua China 25 futures price (which changes continuously to reflect price movements in the underlying index). Value of CME E-mini FTSE/Xinhua China 25 futures contract = $5 x current CME E-mini FTSE/Xinhua China 25 futures price CME E-mini FTSE/Xinhua China 25 futures contracts are designed to move in ticks of 5 index points, or $25 (5 points x $5 multiplier) CME E-mini FTSE /Xinhua China 25 futures are listed in the March quarterly cycle. About the Underlying Index
The FTSE/Xinhua China 25 Index is comprised of 25 of the largest, most liquid Chinese stocks listed on the Hong Kong Stock Exchange (HKEX) and available to investors worldwide. The Index contains H shares of companies incorporated in China as well as Red Chip shares of companies incorporated in Hong Kong that have the majority of their business in China. Both types of shares are listed and traded in Hong Kong. The Index components are reviewed quarterly. The index is free float-adjusted and modified market cap-weighted, with individual component weightings capped on a declining basis and the top position capped at 10 percent. The constituents of the FTSE/Xinhua 25 China index as well as the sector percentages are listed below: FTSE/Xinhua China 25 Index Constituents
(as of March 7, 2007) | | Company Name | | China Mobile (Red Chip) | | China Construction Bank (H) | | Bank of China (H) | | China Life Insurance (H) | | Bank of Communications (H) | | China Petroleum & Chemical (H) | | CNOOC (Red Chip) | | Ping An Insurance (H) | | BOC Hong Kong (Holdings) (Red Chip) | | China Shenhua Energy (H) | | China Telecom (H) | | China Merchant Holdings (Red Chip) | | Industrial and Commercial Bank of China (H) | | China Unicom (Red Chip) | | CITIC Pacific (Red Chip) | | China Resources Enterprise (Red Chip) | | China Netcom (Red Chip) | | Aluminum Corp of China (H) | | Huaneng Power International (H) | | Cosco Pacific (Red Chip) | | Petrochina (H) | | Zijin Mining Group (H) | | PICC Property & Casualty (H) | | Datang International Power Generation (H) | | Sinopec Shanghai Petrochemical (H) |
*Source: Bloomberg For more about the index and its methodology, visit www.ftse.com.
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