FTSE and Xinhua announce A share indices

China desperately needs more indices but the joint venture will face a huge marketing challenge.
July 24, 2001

FTSE/Xinhua Index, the joint venture between global index vendor FTSE and Xinhua Financial News, a commercial arm of China's government news agency Xinhua, is today (Thursday) unveiling a series of stock indices for the mainland A-share and B-share markets. It is the first time a foreign vendor has entered the mainland index business.

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