China-Singapore Jingwei, March 7 -- On the 7th, the China Securities Index officially released the CSI Shanghai-Shenzhen-Hong Kong Tourism and Leisure Index, providing the market with richer investment targets.
According to reports, the CSI CSI Shenzhen-Hong Kong Tourism and Leisure Index selects 50 listed companies** from the mainland and Hong Kong markets whose business involves tourism services, attraction operations, travel retail, duty-free properties and other leisure services** as index samples, reflecting the overall performance of listed companies in the mainland and Hong Kong markets**.
Specifically, the index name is CSI Shanghai-Shenzhen-Hong Kong Tourism and Leisure Index; The index is referred to as Shanghai, Shenzhen and Hong Kong Tourism and Leisure; The English name is CSI SH-SZ-HK Tourism and Leisure Index; The English abbreviation is SSH tourism and leisure; The index** is 931833 (HKD) 931833CNY100 (RMB mid-parity). The index is based on December 31, 2014 and is based on 1,000 points.
The index sample is adjusted semi-annually, and the sample adjustment is implemented on the next trading day on the second Friday of June and December of each year. The weighting factor is adjusted with the periodic adjustment of the sample, and the adjustment time is the same as that of the periodic adjustment of the index sample. Before the next periodic adjustment date, the weighting factor is generally fixed.
In addition, temporary adjustments to the index will be made in exceptional circumstances. When a sample is delisted, it is removed from the index sample. The handling of acquisitions, mergers, spin-offs, etc., of sample companies shall be handled with reference to the detailed rules for calculation and maintenance. When there is a change in the scope of Southbound Stock Connect** and the sample no longer meets the eligibility criteria of Stock Connect, the index will be adjusted accordingly.
According to CSI Index***, the National Development and Reform Commission and the Ministry of Culture and Tourism jointly issued the "National Tourism and Leisure Development Outline (2022-2030)" on July 18, 2022, aiming to further optimize China's tourism and leisure environment, improve the relevant public service system, improve the quality of products and services, enrich the connotation of tourism and leisure, and promote the integration of related business formats. The outline proposes to deploy 10 key tasks, such as cultivating modern leisure concepts, ensuring tourism and leisure time, optimizing tourism and leisure space, enriching the supply of high-quality products, improving tourism and leisure facilities, developing modern leisure formats, improving tourism and leisure experience, promoting product innovation and upgrading, continuously deepening industry reform, and continuously strengthening international exchanges, so as to further stimulate the endogenous power of tourism and leisure development. Since the release and implementation of the outline, the tourism and leisure industry has recovered in an orderly manner, and the number and income of domestic tourists, airport passenger volume and restaurant chain rate have all increased in 2023, and the industrial development has continued to improve.
On March 7, the CSI Index*** officially released the CSI CSI Shenzhen-Hong Kong Tourism and Leisure Index, selecting 50 listed companies** from the mainland and Hong Kong markets whose business involves tourism services, attraction operations, travel retail, duty-free properties and other leisure services** as the index sample, reflecting the overall performance of listed tourism and leisure companies** in the mainland and Hong Kong markets. Among them, the Hong Kong market** selects listed companies within the scope of Hong Kong Stock Connect. For the mainland market**, the average daily turnover in the past year should be in the top 90% of the sample space; For the Hong Kong market**, the median daily turnover rate for each month is calculated as the monthly turnover rate, excluding the average monthly turnover rate of less than 0 for the past 12 months or the past 3 months1%**, unless the average daily turnover of the ** in the past year is greater than HK$50 million. The latest sample of the index includes 13 Hong Kong listed companies**.
In the future, China Securities Index Company said that it will continue to enrich and improve the cross-border thematic index system to provide the market with diversified performance benchmarks and investment targets. (Zhongxin Jingwei app).
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