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HONG KONG, Aug 22, 2013 - (ACN Newswire) - NewOcean Energy Holdings Limited ("NewOcean Energy" or the "Group;" stock code: 00342), one of the fastest growing energy suppliers in the Southern China region, has been selected as a constituent stock of the following Hang Seng family of indexes and will take effect on 9 September 2013 (Monday).
-- Hang Seng Composite Index ("HSCI") Series: Hang Seng Composite Index Hang Seng Composite Industry Index - Energy Hang Seng Composite SmallCap Index -- Hang Seng Natural Resources Index ("HSNRI") -- Hang Seng Global Composite Index ("HSGCI")
The HSCI offers a comprehensive Hong Kong market benchmark that covers about 95% of the total market capitalisation of companies listed on the Main Board of The Stock Exchange of Hong Kong Limited. Adopting the freefloat-adjusted market capitalisation methodology, the HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks.
Mr Lawrence Shum, Managing Director of NewOcean Energy, said, "We are delighted that NewOcean Energy is being selected as a constituent stock of the Hang Seng family of indexes. We will continue to strengthen our business operations and do our best to maximise value for our shareholders."
Topic: Press release summary
Source: NewOcean Energy Holdings Limited
Sectors: Daily Finance, Energy, Alternatives, Daily News
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