HONG KONG, Feb 27, 2015 - (ACN Newswire) - Beijing Properties (Holdings) Limited ("BPHL" or the "Group"; stock code: 925) is pleased to announce today that, the Group has recently been included by Hang Seng Indexes Company Limited as a constituent of Hang Seng Composite Index ("HSCI") series, including the Hang Seng Composite Index, Hang Seng Composite SmallCap Index, and Hang Seng Composite Industrial Index - Properties and Construction, as well as Hang Seng Global Composite Index ("HSGCI"), with effect from 9 March 2015 (Monday).
Mr. Qian Xu, Chief Executive Officer & Executive Director of the Group gladly said, "Being included into the HSCI and HSGCI have successfully proven our past performance within the capital market, which will further enhance the Group's reputation and market position. Going forward, logistics business in China will undergo a rapid development due to robust growth of Chinese e-commerce and economic activities. After becoming a constituent of two important Benchmark Indexes in Hong Kong capital market, the Group will continue to leverage its solid foundation to actively expand our business in first and second-tier Chinese cities for creating bigger rewards for our shareholders, for the appreciation of their trust and support."
Managed by Hang Seng Indexes Company Limited, HSCI and HSGCI are two comprehensive Hong Kong market benchmarks with adoption of the free float-adjusted market capitalization methodology. A review is conducted every half-year to select and keep listed companies that meet the market capitalization and turnover screening as their constituents, for a better reflection of the performance of Hong Kong capital market. More details are available on http://www.hsi.com.hk/HSI-Net/HSI-Net.
About Beijing Properties (Holdings) LimitedBeijing Properties (Holdings) Limited mainly engaged in provision of logistics services, including warehouse facilities rental and management services. The Group's four business segments include electricity and port logistics, cold food chain and food supply chain logistics, professional wholesale market and real estate. For electricity and port logistics, the Group is responsible for providing electricity and bonded logistics facility, relevant projects are located in Tianjin, Shanghai and Beijing. For cold food chain and food supply chain logistics, the Group is responsible for the supply of cold storage facilities, food processing and cold chain distribution platform with project located in Tianjin. For professional wholesale market, the Group is responsible for providing trading platforms for professional products such as agricultural products, shops and commercial facilities, the Group has currently invested in projects in Quzhou. For real estate business, the Group focuses on health, education, tourism and commercial real estate.
The Group is following the motto "Professionally devoted, Multifunctional and Dual-driven" with logistics-related real estate and third-party logistics development as major business whereas other commercial real estate and residential real estate as deputy. Under the dual push of the assets and capital operations, the Group is working to fully leverage the resources advantage of the mother group Beijing Enterprises Group Company Limited to boost the prosperous development of BPHL.
Source: Beijing Properties (Holdings) Limited
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