FactSet Research Systems Inc.
11/29/2024 | Press release | Distributed by Public on 11/29/2024 07:05
Index Methodology Update for FactSet China Global Leaders Index
Index Methodology Update for FactSet China Global Leaders Index
November 29, 2024
NORWALK, Conn., November 29, 2024 - FactSet, a global financial digital platform and enterprise solutions provider, announced updates to the constituent selection rules for the FactSet China Global Leaders Index methodology, effective November 29, 2024. These updates are designed to better capture and reflect the dynamic and evolving leadership of Chinese companies on the global stage.
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Updated Selection Rules |
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Section 2.1.1: If company has multiple share class in Hong Kong Stock Exchange and Mainland China Exchanges, the Hong Kong Stock Exchange listing is selected. |
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Section 2.1.4: Securities classified to Energy, Finance, Non-energy Materials, or Utilities at RBICS Focus Level 1 are excluded. |
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Section 2.1.5: Select securities that generate greater than 25% revenue from operations based outside of the PRC or generate greater than 1 billion USD in absolute revenue outside of the PRC. |
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Section 2.1.6: 6. Calculate overseas customer relationship ratio (= the number of overseas customer relationships 234/ the company's total number of customer relationships); select securities with overseas customer relationship ratio great than 50%. Securities with overseas customer relationship ratio greater than 20% and top 1 in RBICS Level 4 in Step 5 are also selected. |
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Section 2.1.7 and 2.1.9: Market capitalization referenced will be replaced with company-level instead of security-level. |
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Section 2.1.9: The aggregated weight of companies listed in Hong Kong Stock Exchange that are eligible in Stock Connect Southbound must not be less than 65%. |
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