CSI Cinda Central State-Owned Enterprise Quality 50 Index Will Be Launched
CSI today announces the upcoming launch of CSI Cinda Central State-Owned Enterprise Quality 50 Index on Aug 1, 2023. The index is customized by Cinda Securities Co., Ltd affiliated to China Cinda Asset Management Co., Ltd.
CSI Cinda Central State-Owned Enterprise Quality 50 Index evaluates the comprehensive score of Central State-Owned enterprises based on several financial variables, including the gross profit, return on equity, Liability-to-Asset ratio, R&D intensity, and Operating Cash Flow to Revenue ratio, and then selects 50 securities with the highest score within the central state-owned enterprises, to provide more investable portfolios for investors.
Regarding the methodology and more details about the index, please refer to the official website of CSI (www.csindex.com.cn).
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