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Sinosoft Technology was Selected as Constituent of Hang Seng Composite Index, Hang Seng Global Composite Index and Hang Seng Internet & Information Technology Index
2016-04-11
(Hong Kong, 11 April 2016) Sinosoft Technology Group Limited (“Sinosoft Technology” or the “Company” together with its subsidiaries, the “Group”, HKEx: 1297) is pleased to announce that the Group was selected as constituent of various indexes by Hang Seng Indexes Company Limited, namely Hang Seng Composite Index, Hang Seng Global Composite Index and Hang Seng Internet & Information Technology Index, with effect from 14 March 2016. 

The Hang Seng Composite Index (“HSCI”) offers a comprehensive Hong Kong market benchmark that covers about the top 95% of the total market capitalisation of companies listed on the Main Board of the Stock Exchange of Hong Kong (“SEHK”). Adopting the freefloat-adjusted market capitalisation methodology, the HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks. The constituents of either HSCI or Hang Seng Foreign Companies Composite Index will be selected as constituents of the Hang Seng Global Composite Index, which serves as a benchmark that reflects the overall performance of all companies (including foreign companies) listed on the SEHK. Constituents of HSCI which are classified in one of the sectors of the Information Technology will be included in Hang Seng Internet & Information Technology Index, which aims to reflect the overall performance of stocks listed in Hong Kong that are related to internet and information technology businesses. For more information about Hang Seng Indexes, please visit http://www.hsi.com.hk/HSI-Net/HSI-Net.

The management of Sinosoft Technology said, “We are delighted to be selected as constituent of Hang Seng Composite Index, Hang Seng Global Composite Index and Hang Seng Internet & Information Technology Index. This is not only a recognition by the Hong Kong capital market, but also further enhances the Group’s reputation in the investment community. The Group will continue to develop innovative and high quality export tax software and related services, carbon management solutions and e-Government solutions, and introduce the Group’s value to more investors, so as to strive for growth with our shareholders.”