Press Release – Silver Base is pleased to announce that Silver Base has been selected as an H-share constituent of Hang Seng Composite Index (“HSCI”), effective 7 March 2011.
Commenting on the selection, Mr. Liang Guoxing, Chairman of the Group, said, “We are proud to be one of the constituent stocks of the Hang Seng Index. The Index is not only extensively representative, it can also reveal the performance of different industries. Moreover, it is also an important benchmark index in the global capital market. The inclusion represents the Group’s performance is recognized by the investors, not only will it further enhance our reputation and corporate image in the international capital market, but also help investors to better assess the Group’s future potential.
The Hand Seng Composite Index is one of the Indexes in Hong Kong stock market. It is calculated by Hang Seng Indexes Company Limited under Hang Seng Bank Limited, which was established on 3 October, 2011. The Hang Seng Composite Index Series (“HSCI Series”) includes Hang Seng Composite Index, Hang Seng Composite Industry Index and Hang Seng Composite Size Index. The Index includes the 200 first listed companies in terms of market value, covers about 97% of the total market capitalisation of all stocks listed on the Main Board of the Stock Exchange of Hong Kong (“SEHK”) and aims to provide a comprehensive benchmark of the performance of stocks listed on the SEHK. According to the index review by Hang Seng Indexes Company Limited, there are 371 constituents in the Composite Index after constituent changes.