14 August 2013 | Company results | By BioSpectrum Bureau
The index is the first A-stock index released by media with authority in China.
Singapore: Shanghai Fosun Pharmaceutical has been listed in CCTV Financial 50 Index Sample Stock, an index created by Shenzhen Securities Information and CCTV Finance Channel with the index code being 399550, or the index abbreviated as CCTV 50.
The index is the first A-stock index released by media with authority in China. To facilitate valued investment and enable sustainable development in listed companies, CCTV Finance Channel joined hands with five major tertiary institutions, namely Peking University, Fudan University, Renmin University of China, Nankai University and Central University of Finance and Economics to evaluate listed companies based on the five dimensions namely, growth, innovation, returns, corporate governance and social responsibility, with each dimension electing 10 A-stock listed companies and five dimensions giving 50 A-stock companies and forming sample stocks.
CCTV Financial 50 Dimension Leading Index is a composite of CCTV Financial 50 Index formed by the experts from China Association for Public Companies, the Chinese Institute of Certified Public Accountants, Dagong Global Credit Rating. CCTV Financial 50 Index is composed of Pure Price Index and Total Return Index with the former releasing most up-to-date information about the stock market through the Shenzhen Stock Exchange Information System and the latter releasing information about the closing stock market through CNI Index.