New World China Land Limited ("NWCL"; stock code: 917.HK) has been selected as a constituent of the MSCI China Index. This reflects the wide recognition from the capital market of NWCL's outstanding performance. The relevant adjustment will take effect after the market close of 26 November 2013.
With the total assets of HK$117.8 billion, NWCL has been listed in Hong Kong since July 1999. Its well-diversified property portfolio comprises 38 major projects with the total gross floor area of property development and investment portfolioof 28.95 million sq m. These projects are located in 25 large cities or major transportation hubs, including residential communities, service apartments, villas, offices, shopping centres, mixed-use comprehensive buildings, hotelsand resorts. NWCL has delivered strong stock performance since the beginning of this year, and has drawn attention and won recognition from the capital market.
Established in 1968, Morgan Stanley Capital International (MSCI) is the first supplier of global benchmark indices and more than 2,000 international institutional investors use MSCI as their benchmarks. Its high reference value makes it one of the most commonly used indices among institutional investors. The MSCI China Indicescovers companies with a solid foundation and great growth potential, and it is widely used as performance benchmarks by international and domestic investors inthe Chinese market.