The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) have recently announced that the SSE 180 Corporate Governance Index, a new investment target index for investors, would be launched on September 10, 2008 to indicate trend of the stocks with good corporate governance in the SSE 180 Index. The base day of the index, the same as that of the SSE Corporate Governance Index, is June 29, 2007. Its short description is "SSE 180 Governance", with the base point of 1,000 and the code of "000021".
By 30 August 2008, 488 companies listed at the main board of the Shenzhen Stock Exchange disclosed interim report for the first half of 2008. Statistics from the exchange showed that those companies maintained an upward tendency in performance despite negative elements from both domestic and international economy.
Companies listed at the Small and Medium-Sized Enterprise Board of the Shenzhen Stock Exchange have finished disclosure of their interim reports of 2008 by 31 August 2008. 10 out of the 268 companies have included their financial information in listing-related documents.
GEM 50 Leading companies in market capitalisation - July 2008
GEM operates on the philosophy of "buyers beware" and "let the market decide" based on a strong disclosure regime. Its rules and requirements are designed to foster a culture of self compliance by listed issuers and sponsors in the discharge of their respective responsibilities.
'GEM' stands for Growth Enterprise Market - an alternative stock market operated by Hong Kong Exchanges and Clearing Limited.