The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index®(Nasdaq:HXC), which will become effective prior to market open on Monday, March 24, 2014.
The following nine securities will be added to the Index: ChinaCache International Holdings Ltd. (Nasdaq:CCIH), Concord Medical Services Holdings Limited (NYSE:CCM), China Mobile Games and Entertainment Group Limited (Nasdaq:CMGE), China HGS Real Estate, Inc. (Nasdaq:HGSH), China Finance Online Co. Limited (Nasdaq:JRJC), Montage Technology Group Limited (Nasdaq:MONT), Qunar Cayman Islands Limited (Nasdaq:QUNR), 58.com Inc. (NYSE:WUBA) and Xueda Education Group (NYSE:XUE).
The Index is designed to provide insight and access to the unique economic opportunities taking place in China while still providing the transparency offered with U.S. listed securities.
As a result of the re-ranking, the following three securities will be removed from the Index: Chindex International, Inc. (Nasdaq:CHDX), LDK Solar Co., Ltd. (NYSE:LDK) and Yanzhou Coal Mining Company Limited (NYSE:YZC).