CGTN America
Wednesday saw the launch of the new CSI 300 One Belt One Road index which will track 52 of the biggest Chinese companies with a stake in the initiative and has a combined market value of more than 1.1 trillion dollars.
CSI 300 index covers a wide range of industries
Wednesday saw the launch of the new CSI 300 One Belt One Road index which will track 52 of the biggest Chinese companies with a stake in the initiative and has a combined market value of more than 1.1 trillion dollars.The index covers dozens of stocks in areas like manufacturing, transportation and communications. It includes industrial firms like China Railway Construction Corporation, Sinopec, and Sany Group. Several investment companies are now offering investment funds composed of One Belt One Road concept stocks, such as Everbright Parmerica and UBS SDIC Fund Management. They claim yields ranging from less than 5% to over 50% since the beginning of the year.
CCTV America invited Zeng Linghua, Chief Analyst from Howbuy, and Huang Xingliang, Fund Manager from Everbright Pramerica for more insights.
Einar Tangen on One Belt One Road Index
For more on One Belt One Road Index, CCTV America’s Karina Huber spoke with Einar Tangen, Political and Economic Affairs Commentator.
Follow Karina Huber on Twitter @kkat31
