Changxin CSI Central Enterprises 100 Index (LOF) Launched

The Changxin CSI Central Enterprises 100 Index (LOF) was launched on February 5, reports China Securities Journal.

It is the first index fund in China to select listed central state-owned companies as constituent stocks.

According to data from China Securities Index (CSI), the growth of the CSI central enterprises 100 index as of end 2009 was two-fold that of the Shanghai Stock Index.