Markets

ChiNext Index up -- June 9

(Xinhua)
Updated: 2010-06-09 16:46

BEIJING - The ChiNext Index, launched by the Shenzhen Stock Exchange last Tuesday, was up 10.67 points, or 1 percent, to close at 1077.82 points in Wednesday's trading.

The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the exchange.

Related readings:  ChiNext Index down -- June 8  ChiNext stock market up -- June 7  ChiNext Index up - June 4  ChiNext Index up - June 3

The ChiNext Board, which started trading on Oct 30, 2009, is a Nasdaq-style growth enterprises board, and mainly lists high-tech companies and those with high growth potential.

A maximum of 100 stocks listed on the ChiNext Board are to be used to base the index on, according to a statement posted on the SSE's website.

Currently, the board has 86 companies listed on it with a total market capitalization of about 383.46 billion yuan ($56.14 billion).