OREANDA-NEWS. The FTSE ST China Index is based on the underlying constituents of the FTSE ST All-Share Index. To be eligible for inclusion, companies must either have at least 50% of their revenues from Mainland China, or at least 50% of their operating assets located in Mainland China. The Index is presently made up of 27 constituents.

In the month of October 2015, the FTSE ST China Index generated a 10.8% dividend-boosted total return, outperforming the FTSE ST All-Share Index by 3.3%. The 10 largest constituents of the FTSE ST China Index have a combined market capitalisation of S$75.3 billion and averaged a price gain of 7.6% in the month of October, which brought their average three-year price gains to 25.5%.

The table below details the 10 largest stocks in the FTSE ST China Index and is sorted by index weight. Of the 10 stocks, there are five that are included in the Straits Times Index (STI). Please note that clicking on a stock name will take you directly to its page on SGX StockFacts.

 

In the month of October, the five best performers of the FTSE ST China Index were Hi-P International (+35.1%), China Fishery (+33.3%), Wilmar International (+21.8%), Midas Holdings (+18.9%) and Sino Grandness Food Industry Group (+18.6%). Together, these five stocks averaged a 25.5% price gain in October 2015 – which was the same as the average three-year returns of the 10 biggest stock weightings of the Index.

Over the same period, the five least-performing constituents of the FTSE ST China Index were Biosensors International (+0.76%), DMX Technologies (0.0%), Cosco Corp (0.0%), Hutchison Port Holdings Trust (-0.6%) and Broadway Industrial (-3.3%). Together, these five stocks averaged a 0.6% price decline in October 2015.

The five STI stocks that are also a part of the Index are Hongkong Land Holdings, Global Logistic Properties, Wilmar International, Hutchison Port Holdings Trust and Yangzijiang Shipbuilding (Holdings).