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HONG KONG, May 30, 2016 - (ACN Newswire) - Qinhuangdao Port Co., Ltd. ("QHD Port" or the "Company", together with its subsidiaries, the "Group", stock code: 3369), the world's largest independent port operator for major dry bulk cargo, is pleased to announce today that the Company has been shortlisted as a constituent of the Morgan Stanley Capital International ("MSCI") China Small Cap Index and it will be effective upon the market close on 31 May 2016.
Mr. XING Luzhen, Chairman and Executive Director of the Qinhuangdao Port Co., Ltd., is pleased and said: "QHD Port maintains a sustainable growth since listing on the main board of the HKEx. Being shortlisted as a constituent of the MSCI China Small Cap Index marks the high recognition of Company's performance by capital market, and shows that the Company's strategic development is supported by investors. Looking ahead, the Company will actively engage in dislocation development with surrounding ports and implement the cross-harbour development strategy to promote international development. The Company will also build an intelligent harbour to achieve leap-forward development of the Company and facilitate the transformation and upgrade of ports, with a purpose to creating greater value and bringing long-term rewards to the nation and investors."
MSCI is a world-leading provider of global equity indices and benchmark related products and services to investors. MSCI China Small Cap Index aims to measure the performance of small-cap sector in China market and covers companies with satisfactory performance and potential, which serves as one of the benchmarks most widely used by institutional investors for stock selection and investment.
Topic: Press release summary
Source: Qinhuangdao Port
Sectors: Daily News
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From the Asia Corporate News Network
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