According to the financial industry on March 27, the Shanghai Composite Index opened low and ended high, and the China Securities Composite Index of State-owned Enterprises Belt and Road Initiative (State-owned Enterprises Belt and Road,) fell 0.06% to 1605.06 points, with a turnover of 56.804 billion yuan.

Statistics show that the China Securities State-owned Enterprises Belt and Road Index rose 2.26% in the past month, fell 1.90% in the past three months, and fell 1.31% year-to-date.

It is understood that the China Securities State-owned Enterprises Belt and Road Index comprehensively evaluates its market value scale, Belt and Road business participation, profit quality, shareholder returns, and social responsibility from state-owned enterprises listed companies participating in the construction of the Belt and Road in the Shanghai and Shenzhen markets, and selects 100 more representative listed companies securities as index samples to reflect the overall performance of securities of state-owned enterprises listed companies that benefit from the Belt and Road theme. The index is based on December 31, 2013 and 1,000.0 points as the base point.

From the perspective of index holdings, the top ten weights of the China Securities State-owned Enterprises Belt and Road Index are: Yuntianhua (2.45%), Shandong Gold (2.33%), Desai Svi (2.26%), Small Commodity City (2.2%), Beixin Building Materials (2.08%), Yunao Co., Ltd. (2.07%), CNOOC Services (2.04%), Donge Ejiao (2.03%), CNOOC (2.02%), and Pinggao Electric (1.9%).

Judging from the market sectors held by the Belt and Road Index of China Securities State-owned Enterprises, the Shanghai Stock Exchange accounts for 71.18% and the Shenzhen Stock Exchange accounts for 28.82%.

From the industry with the Belt and Road Index holding samples of China Securities State-owned Enterprises, industry accounts for 34.95%, raw materials accounts for 17.77%, energy accounts for 12.17%, utilities accounts for 8.80%, finance accounts for 6.28%, medicine and health accounts for 5.20%, major consumption accounts for 5.15%, communication services accounts for 3.99%, optional consumption accounts for 3.54%, information technology accounts for 1.16%, and real estate accounts for 1.00%.

According to data, the index sample is adjusted every six months, and the sample adjustment is implemented on the next trading day on the second Friday of June and December each year, respectively. The sample proportion for each adjustment is generally not more than 20%. Sample adjustment sets a buffer, new samples ranked within 80 are preferred to enter, and old samples ranked before 120 are preferred to retain. The weight factor is adjusted as the sample is periodically adjusted, and the adjustment time is the same as the implementation time of the index sample periodically adjusted. Before the next regular adjustment date, the weight factor is generally fixed. In special cases, temporary adjustments will be made to the index. When the sample is delisted, it is removed from the index sample. If the sample company encounters acquisition, merger, spin-off, etc., the processing shall be handled in accordance with the calculation and maintenance rules.

Public funds tracking state-owned enterprises and Belt and Road Initiative include: Fuguo CSI State-owned Enterprise Belt and Road ETF Connect A, Fuguo CSI State-owned Enterprise Belt and Road ETF Connect C, E Fund CSI State-owned Enterprise Belt and Road ETF Connect A, E Fund CSI State-owned Enterprise Belt and Road ETF Connect C, Huitianfu CSI State-owned Enterprise Belt and Road ETF Connect A, Huitianfu CSI State-owned Enterprise Belt and Road ETF Connect C, E Fund CSI State-owned Enterprise Belt and Road ETF Connect C, Futianfu CSI State-owned Enterprise Belt and Road ETF Connect C, Futianfu CSI State-owned Enterprise Belt and Road ETF Connect C.

This article comes from the financial industry