FTSE Renaissance Global IPO Index Series Ground Rules v1.4x
FTSE Renaissance Global IPO Index Series Ground Rules v1.4x
FTSE Renaissance Global IPO Index Series Ground Rules v1.4x
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SECTION 12<br />
12.5.4 Constituents of the <strong>FTSE</strong> <strong>Renaissance</strong> Asia Pacific ex Japan <strong>IPO</strong> <strong>Index</strong> are eligible to be<br />
included in the <strong>FTSE</strong> <strong>Renaissance</strong> Hong Kong/China Top <strong>IPO</strong> <strong>Index</strong> at review provided that<br />
they have been listed for less than 1 year.<br />
12.6 Changes to Constituent Companies<br />
12.6.1 Additions Outside of a Review<br />
If the investable market capitalization of an <strong>IPO</strong> company listing in Hong Kong is at least 1.0%<br />
of the total investable market capitalization of the <strong>FTSE</strong> <strong>Renaissance</strong> Hong Kong/China Top<br />
<strong>IPO</strong> <strong>Index</strong> at the close of business on the <strong>IPO</strong>’s first day of trading, it will be eligible for<br />
addition to the index after the close of business of the fifth day of trading. The share price<br />
after the close of business on the first trading day will be used to determine the company’s<br />
size.<br />
12.6.2 Capping Methodology for the <strong>FTSE</strong> <strong>Renaissance</strong> Hong Kong/China Top <strong>IPO</strong> <strong>Index</strong><br />
Constituents of the <strong>FTSE</strong> <strong>Renaissance</strong> Hong Kong/China Top <strong>IPO</strong> <strong>Index</strong> are capped at 10%.<br />
The capping process is applied at the quarterly reviews, when a new company is added to the<br />
index intra-review, and/or when a corporate event causes the investable market capitalization<br />
of a constituent to exceed 10% of the total index investable market capitalization, as further<br />
described in Section 10 above.<br />
<strong>Ground</strong> <strong>Rules</strong> for the Management of the <strong>FTSE</strong> <strong>Renaissance</strong> <strong>Global</strong> <strong>IPO</strong> <strong>Index</strong> <strong>Series</strong> 26<br />
Version 1.4 April 2013
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