, Singapore

Top five FTSE ST China Index constituents hit average total returns to 24.5% YTD

Sasseur REIT leads the pack with total returns of 34.4%.

Despite sluggish growth in the world’s second largest economy, the five best-performing constituents in the FTSE ST China Index averaged a total return of 24.5% YTD, bringing their one-year and three-year total returns to 11.3% and 47.5%, respectively.

Leading the pack is Sasseur REIT with total returns of 34.4%, followed by Hi-P International at 31.5%, Wilmar International at 22.6%, CapitaLand Retail China Trust at 20.6% and China Aviation Oil at 13.2%.

Overall, the 17 constituents in the index have a combined market capitalisation of more than $40b. The five largest weights amongst them are Wilmar International (50.5%), Yangzijiang Shipbuilding (14.4%), Hutchison Port Holdings Trust (7.9%), CapitaLand Retail China Trust (7.0%) and Yanlord Land Group (5.4%).

The FTSE ST China Index consists of stocks of the FTSE ST All-Share Index that have reported either at least 50% of their revenues from Mainland China, or have at least 50% of their operating assets located in Mainland China.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!