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English > Newscalender > March 8 to 28
    03.08.2010 17:22

    March 8 to 28

    Hang Seng Index (HSI) will be regrouped and the 2010 Chinese Super League will open

    March 8 Hang Seng Indexes Company Limited ("Hang Seng Indexes") will revamp the Hang Seng Family of Indexes, which are among the most widely quoted indicators of the performance of the Hong Kong stock market.
     
    According to the original plan, the indexes will be regrouped into four categories, Flagship Indexes, Benchmark Indexes, Thematic Indexes and Strategy Indexes, to better reflect market trends. As part of the revamp, overlapping indexes in the family, such as the Hang Seng Hong Kong Composite Index and Hang Seng 50, will be discontinued. The revamp will also tighten the definition of circulating shares and as a result, if any organization except companies dealing with funds, trust and investment holds over 5 percent of specific company stocks, the shares will be considered non-tradable.

    But the launch of a volatility index and dividend indexes, which were included in the plan as well, has been postponed till the next year.

    March 27 The 2010 Chinese Football Association Super League (Chinese Super League or CSL) will open, a week later than originally planned. Before this season, Guangzhou Pharmaceutical was demoted amid scandal, along with the Chengdu Blades, which is owned by the English soccer league Sheffield United. The country's soccer association is still trying to maintain a total of 16 teams by calling back two previously-relegated teams, Hangzhou Greentown and Chongqing Lifan.

    Still to be decided is the appointment of a successor to Yang Yimin, removed as vice chairman of the soccer association in the national crackdown over match fixing and gambling. The successor will be chosen from vice directors of the Chinese Soccer Administrative Center under the government sports agency.

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