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China Enterprises Index falls 4.66%
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Hang Seng China Enterprises Index fell 623.77 points, or 4.66 percent, to close Wednesday's trading at 12,755.41.

 

The H-shares index, initiated in August 1994 and readjusted on Sept. 10, 2007, tracks the overall performance of 43 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

 

Hang Seng China H-Financials Index went down 740.33 points, or 4.83 percent, to close at 14,582.77.

 

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

 

Hang Seng Mainland Composite Index went down 164.82 points, or 3.76 percent, to close at 4,221.08.

 

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

 

Hang Seng China-Affiliated Corporations Index went down 150.82 points, or 2.89 percent, to close at 5,063.37.

 

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

 

(Xinhua News Agency January 31, 2008)

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