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".

The SSE 180 Corporate Governance Index is a theme derivative index from the SSE 180 Index and the SSE Corporate Governance Index. According to the published index scheme, constituents of the index are composed of the top 100 stocks with large scale and sufficient liquidity in the SSE 180 Index and the SSE Corporate Governance Index. So far, the total market capitalization of the 100 constituents has reached RMB8.5363 trillion, or 66.93% of the A shares' total on the SSE. Their floating capitalization has been RMB2.1439 trillion, or 55.63% of the A shares' total on the SSE.

Complying with adjustment to the constituents of the SSE 180 Index and the SSE Corporate Governance Index, the SSE 180 Corporate Governance Index will be adjusted on the first trading day of January and July every year, allowing special adjustments as well. For the compiling method of the index or other details, please refer to the websites of the SSE and the CSI.

It is learned that the launch of the SSE 180 Corporate Governance Index aims to provide investors with a new investment target. With the launch of the SSE Corporate Governance Index at the beginning of 2008, the corporate governance has drawn more attention of listed companies and the market. Based on domestic and foreign researches, investors are willing to pay higher premiums for the stocks with better corporate governance. The SSE 180 Corporate Governance Index, composed of the stocks with good corporate governance in the SSE 180 Index (a core index of the SSE), will serve as a good investment target.

The SSE 180 Corporate Governance Index closed on August 25, 2008 at 667 points.
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