On December 5, Baidu, as a constituent stock, was accepted into
both the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index,
becoming China's first company that has entered such indexes. This
reflects the recognition from the global capital market for the
Chinese Internet industry, analysts noted.
Launched in January 1985, the Nasdaq-100 Index includes 100 of
the largest non-financial securities listed on the Nasdaq Stock
Market. Considered as a reflection of the overall performance of
the Nasdaq Stock Market, it is given much importance by the
international community. The Nasdaq-100 Index is adjusted once a
year.???
For more details, please read the full story in Chinese. (http://www.bbtnews.com.cn/news/channel/political34045.shtml)
(China.org.cn December 6,2007)
