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China Enterprises Index plunges nearly 6%
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Hang Seng China Enterprises Index on Hong Kong Stock Exchange tumbled 1,047.17 points Monday, or 5.91 percent, to close the day's trading at 16,656.91.

 

The H-shares index, initiated in August 1994 and readjusted on September 10, 2007, tracks the overall performance of 43 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

 

Hang Seng China H-Financials Index moved down 1,025.25 points, or 4.91 percent, to close at 19,8837.35.

 

The H-Financials Index, initiated on November 27, 2006, readjusted on September 10, tracks the performance of nine major banks and insurers of the Chinese mainland.

 

Hang Seng China-Affiliated Corporations Index moved down 352.65 points, or 5.73 percent, to close at 5,800.66.

 

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

 

Hang Seng Mainland Composite Index went down 295.95 points, or 5.33 percent, to close at 5,260.19.

 

Introduced on October 3, 2001 and readjusted on September 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

 

(Xinhua News Agency November 13, 2007)

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