Nikkei China Related Stock 50

Overview

The Nikkei China Related Stock 50 is a stock index, comprised of 50 stocks from major Japanese companies from the stand point of “how actively companies expand businesses in China” and calculated based on free float adjusted market capitalization.

• Constituents
  Selected from components of the Nikkei Stock Index 300
• Periodic review
  Annually (October)
• Selection rules
  • Select 50 stocks with relatively high scores computed based on (1) the number of articles and ratio of the number of articles related to China in the newspapers published by Nikkei (2) how actively companies are involved in business in China based on the information in financial reports by the companies, i.e. Yuho, and also with large capitalization.
• Number of constituents
  50
• Weighting
  Free-float adjusted market value weight (10% cap)
• Calculation Method
  • The index is calculated based on market capitalization adjusted by FFW (Free Float Weight) and the index is calculated by dividing the current total free float adjusted market value by "base market value".
  • The constituents shall be capped at 10%, i.e. set the upper limit of their weights in order to avoid making the weight of a stock excess, which shall be reviewed on the quarterly basis, at end of January, April July and October.
• Calculation frequency
  Real time (every 1 minute)
• Commencement date
  December/13/2010
• Inception date
  January/04/2005
• Calculation base date
  January/04/2005 ＝ 1,000
• Others
  The index ceased calculation on June 25th, 2021 with the final value on the same day.