IPOX® China Index (CNI)
The IPOX® China Index is an applied market cap-weighted index measuring the performance of the top 60 companies ranked quarterly in the IPOX® China Composite Index, subject to defined liquidity and exposure criteria. The IPOX® China Index has historically captured ca. 60% of total market cap created through New Listings by China-domiciled companies (non-A-shares) over the past four years, respectively.
As of March 29, 2019, portfolio holding include a broad mix of firms representing the wide spectrum of China-linked Equity Capital Markets (ECM) trends ranging from telecom infrastructure operator China Tower (788 HK) and commercial retail bank Postal Savings Bank of China (1658 HK) to e-commerce platform operator Pinduoduo (PDD US) and biotech company Wuxi Biologics (2269 HK).