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S&P launches Overseas China index

Index Provider Standard and Poor’s has launched the S&P Overseas China 10 Index, which is designed to provide exposure to 10 Chinese stocks available to foreign investors only through overseas listings. The index will be used as a basis for investable instruments such as structured products.

The index includes any company domiciled in China that trades on a developed market exchange other than Hong Kong. ADRs and GDRs are eligible for inclusion in the index. Foreign investors usually access Chinese equities through H-share baskets or indexes. H-shares are the stocks of companies incorporated in mainland China that are traded on the Hong Kong Stock exchange. The new index gives access

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