18 Aug 2017
Everbright Greentech Becomes a Constituent Stock of The Hang Seng Composite Index and The Hang Seng Stock Connect Hong Kong IndexHong Kong, 18 August 2017 - China Everbright Greentech Limited ("Everbright Greentech" or the "Company") (SEHK: 1257), is pleased to announce its inclusion as a constituent stock in the Hang Seng Composite Index ("HSCI"), Hang Seng Stock Connect Hong Kong Index ("HSHKI"), Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index ("HSHKMS") and Hang Seng Stock Connect Hong Kong SmallCap Index ("HSHKS"), with effect from 4 September 2017.
Commenting on Everbright Greentech being included in the HSCI and Stock Connect Hong Kong Index Series shortly after being listed in May 2017, Mr. QIAN Xiaodong, CEO of Everbright Greentech, said, "The inclusion demonstrates the market recognition of the Company's unique business model, development potential and development strategy. Being included into HSHKI will help the Company attract a more diverse range of investors, as well as expand the Company's shareholder base. Everbright Greentech will continue to adhere to its corporate core value of taking environmental and social responsibility as duty and to pursue development by means of holding a steadfast commitment in innovation, generating more fruitful returns for investors."
The HSCI offers a comprehensive benchmark that constitutes approximately 90% of the total market capitalization of companies listed on the Main Board of the Stock Exchange of Hong Kong. The HSHKI provides a benchmark for the performance of equities listed in Hong Kong that are eligible for trading via the Stock Connect Scheme, while the HSHKMS and HSHKS reflect the performance of the MidCap and SmallCap segments of the HSHKI respectively. The indexes are provided to the market for benchmarking and product development purposes.