The companies are listed on in either the Hong Kong Stock Exchange or US exchanges and come from sectors including technology, business services, consumer services, healthcare, telecommunications and consumer cyclicals.
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Ng Kin Yee, managing director, head of data, connectivity and indices at SGX, says the index is especially relevant given the long-term shifts towards consumption in China.
John Casey, president and managing director of CNBC International, says the network’s audience is watching closely how the Chinese New Economy is evolving and shaping global trends.
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“The iEdge-CNBC China Growth Economy Index is another way in which we are going to be telling the China business story to our global audience,” he adds.
Shares in SGX closed flat at $10.41 on April 21.
