Also known as: 中证500 · SH000905 Index (Bloomberg) · 000905 (CSI code) · .CSI500 (RIC)
At a glance
- Review frequencySemi-annual
- Constituent count500
- Buffer400 / 600
| Field | Value | Source text | Reading (model) |
|---|---|---|---|
| M1 Identity, objective, classification · 12 fields | |||
| Index name | CSI Smallcap 500 Index | 中证小盘500 CSI Smallcap 500中证500 CSI 500 000905/399905 Index指数Open p.1 ↗ |
The official English index name is CSI Smallcap 500 Index. |
| Index short name | CSI 500 | 中证小盘500 CSI Smallcap 500中证500 CSI 500 000905/399905 Index指数Open p.1 ↗ |
The English short name is CSI 500. |
| Local index name | 中证小盘500指数(中证500) | 中证小盘500 CSI Smallcap 500中证500 CSI 500 000905/399905 Index指数Open p.1 ↗ |
The local index name is CSI Smallcap 500 Index, abbreviated locally as CSI 500. |
| Index code | 000905, 399905 | 中证小盘500 CSI Smallcap 500中证500 CSI 500 000905/399905 Index指数Open p.1 ↗ |
The index codes are 000905 and 399905. |
| Administrator | 中证指数有限公司 | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The index is administered by China Securities Index Co., Ltd., as indicated by the CSI index series. |
| Index family | 中证系列规模指数 | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The index belongs to the CSI size index series. |
| Base date | 2004-12-31 | 该指数系列以2004 年12 月31 日为基日,以1000 点为基点。Open p.1 ↗ |
The base date for the index series is December 31, 2004. |
| Base value | 1,000 index points | 该指数系列以2004 年12 月31 日为基日,以1000 点为基点。Open p.1 ↗ |
The base value for the index series is 1,000 points. |
| Objective | 反映沪深市场小盘市值规模上市公司证券的整体表现 | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The CSI size indices collectively reflect the overall performance of listed-company securities in different market-capitalization segments of the Shanghai and Shenzhen markets; CSI 500 targets the small-cap segment. |
| Market classification | China A | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The index covers securities listed in the Shanghai and Shenzhen markets. |
| Size segment | Small | 中证小盘500 CSI Smallcap 500中证500 CSI 500 000905/399905 Index指数Open p.1 ↗ |
The index is the small-capitalization CSI Smallcap 500 index. |
| Index family type | Market cap | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The index is part of a market-capitalization size-index series. |
| M2 Universe · 3 fields | |||
| Eligible universe | 同沪深300指数的样本空间 | 同沪深300 指数的样本空间Open p.1 ↗ |
The eligible universe is the same as the sample space of the CSI 300 Index. |
| Markets | 上海证券市场, 深圳证券市场 | 中证系列规模指数分别反映沪深市场不同市值规模上市公司证券的整体表现。Open p.1 ↗ |
The index covers the Shanghai and Shenzhen markets. |
| Parent universe index | 沪深300指数 | 同沪深300 指数的样本空间Open p.1 ↗ |
The sample space is the same as that of the CSI 300 Index. |
| M4 Selection and constituent count · 5 fields | |||
| Initial exclusion of hs300 and top 300 | Exclude hs300 constituents and top 300 by average daily total market capitalization | (2.1)在样本空间中剔除沪深300 指数样本以及过去一年日均总市值排名前300 的证券;Open p.1 ↗ |
The sample space first excludes CSI 300 constituents and the 300 largest securities by past-year average daily total market capitalization. |
| Liquidity screen bottom twenty percent excluded | 20% | 对样本空间内剩余证券按照过去一年日均成交金额由高到低排名,剔除排名后20%的证券;Open p.1 ↗ |
Securities ranked in the bottom 20% by past-year average daily trading value are excluded. |
| Selection method | Rank by metric | 对样本空间内剩余证券按照过去一年日均成交金额由高到低排名,剔除排名后20%的证券;Open p.1 ↗ |
The index selects constituents by ranking eligible securities according to specified liquidity and market-capitalization metrics. |
| Ranking metrics | Name: Average daily turnover; Window: Past one year; Direction: Descending; Step order: 1, Name: Average daily total market capitalization; Window: Past one year; Direction: Descending; Step order: 2 | 对样本空间内剩余证券按照过去一年日均成交金额由高到低排名,剔除排名后20%的证券; (2.3)将剩余证券按照过去一年日均总市值由高到低进行排名,选取排名前500 的证券作为指数样本。Open p.1 ↗ |
Remaining securities are first ranked by average daily trading value over the past year, then by average daily total market capitalization over the past year. |
| Target constituent count | 500 | (2.3)将剩余证券按照过去一年日均总市值由高到低进行排名,选取排名前500 的证券作为指数样本。Open p.1 ↗ |
The index selects the top 500 securities ranked after the screens. |
| M5 Weighting and capping · 3 fields | |||
| Free float factor | Method: Banded; Bands: To: 15; Method: Round the free-float ratio up to the nearest whole percentage value, From: 15; To: 20; Factor: 0.2, From: 20; To: 30; Factor: 0.3, From: 30; To: 40; Factor: 0.4, From: 40; To: 50; Factor: 0.5, From: 50; To: 60; Factor: 0.6, From: 60; To: 70; Factor: 0.7, From: 70; To: 80; Factor: 0.8, From: 80; Factor: 1; Examples: Security: A; Free float ratio (%): 9; Weighting ratio (%): 9; Adjusted shares: 9,000, Security: B; Free float ratio (%): 43.8; Weighting ratio (%): 50; Adjusted shares: 4,000, Security: C; Free float ratio (%): 82; Weighting ratio (%): 100; Adjusted shares: 5,000 | 除非特别说明,中证指数在计算自由流通股本时,采用分级靠档的方法,根据自由流通量所占证券总股本的比例(即自由流通比例)赋予证券总股本一定的加权比例From CSI Free Float Rules for Equity Indices ↗ |
Unless otherwise specified, a banded weighting factor is applied; free-float ratios up to 15% are rounded up to the nearest whole percentage, while higher bands use fixed factors from 20% to 100%. |
| Shares outstanding | Total issued shares of the security; free-float-adjusted share capital is total share capital multiplied by the banded weighting factor. | 自由流通量等于证券总股本剔除限售股份以及以下基本不流通的股份From CSI Free Float Rules for Equity Indices ↗ |
Free float is measured against the security's total share capital, and adjusted share capital is calculated using a weighting factor applied to total share capital. |
| Divisor adjustment rule | The new divisor equals the prior divisor multiplied by the post-adjustment adjusted market capitalization divided by the pre-adjustment adjusted market capitalization, calculated after the close before the change becomes effective. | 为保证指数的连续性,当指数样本、股本结构发生变化或样本的市值出现非交易因素的变动时,指数在变动生效日前一日收盘后采用除数修正法修正原除数。From CSI Calculation Rules for Equity Indices ↗ |
The divisor is corrected after the close before the effective date so that the new divisor equals the old divisor times the ratio of adjusted post-change market value to pre-change market value. |
| M6 Review and rebalance schedule · 10 fields | |||
| Maximum change ratio per review | 10% of constituents | 每次调整的样本比例一般不超过10%。Open p.2 ↗ |
The proportion of constituents changed at each regular review generally does not exceed 10%. |
| Reserve list size | 5% of constituents | 定期调整时设置备选名单,备选名单中证券数量一般为指数样本数量的5%。Open p.2 ↗ |
At regular reviews, the reserve list generally contains securities equal to 5% of the index constituent count. |
| Review frequency | Semi-annual | 中证500 指数样本每半年调整一次,样本调整实施时间分别为每年6 月和12 月的第二个星期五的下一交易日。Open p.2 ↗ |
The CSI 500 Index constituents are reviewed once every six months. |
| Review types | Semi annual review, Ad hoc | 中证500 指数样本每半年调整一次,样本调整实施时间分别为每年6 月和12 月的第二个星期五的下一交易日。Open p.2 ↗ |
The index is subject to semi-annual regular reviews and special ad hoc adjustments. |
| Review months | June, December | 样本调整实施时间分别为每年6 月和12 月的第二个星期五的下一交易日。Open p.2 ↗ |
Regular sample changes are implemented in June and December each year. |
| Announcement rule | — | — (not found verbatim in the PDF) |
|
| Effective date rule | the next trading day after the second Friday of June and December | 样本调整实施时间分别为每年6 月和12 月的第二个星期五的下一交易日。Open p.2 ↗ |
Regular constituent changes take effect on the next trading day after the second Friday in June and December. |
| Rebalance frequency | — | — (not found verbatim in the PDF) |
|
| Weight reset frequency | — | — (not found verbatim in the PDF) |
|
| Data cutoff rule | For commonly used periodic review cycles, the general data cutoff is normally the last calendar day of the second calendar month before the periodic adjustment effective date. | 通常情况下适用常用定期调整周期的指数的通用数据截止日为定期调整生效日前第二个自然月的最后一个自然日。From CSI Constituent Adjustment Rules for Equity Indices ↗ |
For commonly used review cycles, base data generally use the last calendar day of the second natural month before the adjustment effective date as the cutoff. |
| M7 Buffers and turnover control · 3 fields | |||
| Buffer zone | Entry rank: 400; Exit rank: 600 | 日均总市值排名在400 名之前的新样本优先进入,排名在600 名之前的老样本优先保留。Open p.2 ↗ |
New candidates ranked before 400 by average daily total market capitalization enter preferentially, while existing constituents ranked before 600 are preferentially retained. |
| Liquidity buffer existing | Metric: Average daily turnover rank; Threshold: 90% | 日均成交金额排名在样本空间的剩余证券(剔除沪深300 指数样本及过去一年日均总市值排名前300 名的证券后)前90%的老样本可参与下一步日均总市值排名Open p.2 ↗ |
Existing constituents whose average daily trading-value rank is in the top 90% of the remaining sample-space securities may proceed to the market-capitalization ranking. |
| Maximum turnover per review | 10% of constituents | 每次调整的样本比例一般不超过10%。Open p.2 ↗ |
The share of constituents changed in each regular review is generally no more than 10%. |
| M8 Corporate actions, IPOs, ad-hoc changes · 8 fields | |||
| Linked index adjustments | When CSI 300 or CSI 500 changes constituents, CSI 200, CSI 700 and CSI 800 are adjusted accordingly. | 当沪深300、中证500 指数调整样本时,中证200、中证700和中证800 指数随之进行相应的调整。Open p.3 ↗ |
When the CSI 300 or CSI 500 changes constituents, the CSI 200, CSI 700 and CSI 800 undergo corresponding adjustments. |
| Fast entry | — | — (not found verbatim in the PDF) |
|
| Ad-hoc deletion | Delisting, Acquisition, Other | 当样本退市时,将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的处理,参照计算与维护细则处理。Open p.3 ↗ |
A constituent is removed upon delisting, and acquisition, merger, spin-off and similar situations are handled under special adjustment and maintenance rules. |
| Replacement policy | Reserve list | 当发生临时调整时,由最近一次指数定期调整时备选名单中排名最高的证券替代被剔除的证券。Open p.3 ↗ |
When an ad hoc adjustment removes a constituent, it is replaced by the highest-ranked security on the reserve list from the latest regular review. |
| Merger spinoff rules | Acquisitions, mergers, spin-offs and similar situations are handled in accordance with the index calculation and maintenance rules. | 样本公司发生收购、合并、分拆等情形的处理,参照计算与维护细则处理。Open p.3 ↗ |
Acquisitions, mergers, spin-offs and similar corporate events are handled by reference to the calculation and maintenance rules. |
| Share or float change threshold | — | — (not found verbatim in the PDF) |
|
| Corporate actions guide ref | 计算与维护细则 | 样本公司发生收购、合并、分拆等情形的处理,参照计算与维护细则处理。Open p.3 ↗ |
The document refers to the index calculation and maintenance rules for corporate-action treatment. |
| Deletion price | Default price: latest closing price; Major negative event suspended price: 0.00001; Currency for a share example: CNY | 原则上,以最新收盘价剔除指数样本。当决定剔除指数样本时,剔除证券处于停牌状态且停牌原因为触及交易类强制退市情形等重大负面事件的,一般以系统最低价格(目前为0.00001)剔除。From CSI Constituent Adjustment Rules for Equity Indices ↗ |
Constituents are generally removed at the latest closing price; if a removed security is suspended because of a trading-related mandatory delisting trigger or other major negative event, it is removed at the system minimum price, currently 0.00001. |
| M9 Calculation and return variants · 11 fields | |||
| Adjusted market capitalization definition | Adjusted market capitalization is the sum of each security's price multiplied by its adjusted share count. | 调整市值=∑(证券价格×调整股本数)。调整股本数的计算方法、除数修正方法参见计算与维护细则。Open p.2 ↗ |
Adjusted market capitalization equals the sum of security price times adjusted share count. |
| Formula constant | 1,000 | 指数计算公式为:报告期指数= 报告期样本的调整市值 × 1000除数Open p.2 ↗ |
The formula multiplies the adjusted market capitalization of constituents by 1,000 and divides by the divisor. |
| Divisor method reference | 计算与维护细则 | 调整股本数的计算方法、除数修正方法参见计算与维护细则。Open p.2 ↗ |
The methods for calculating adjusted share counts and correcting the divisor are set out in the calculation and maintenance rules. |
| Formula type | Divisor | 指数计算公式为:报告期指数= 报告期样本的调整市值 × 1000除数其中,调整市值=∑(证券价格×调整股本数)。Open p.2 ↗ |
The index is calculated using a divisor formula. |
| Price source | Real-time prices come from exchange market-data systems such as SSE and SZSE or from data vendors designated by CSI; the latest trade is used when traded and the opening reference price is used when there is no trade. | 指数的实时计算,样本实时成交价格来自上海证券交易所、深圳证券交易所等交易所行情系统,或来自由中证指数不时指定的数据供应商提供的交易行情。From CSI Calculation Rules for Equity Indices ↗ |
Real-time calculation uses exchange or designated-vendor market prices, taking the latest traded price or, if no trade occurs, the opening reference price. |
| Calculation frequency | Real-time index updates follow the interface definition used by CSI, the exchange, or another third-party market-data system; closing indices are published every index trading day. | 实时指数计算和发布:指数更新频率以中证指数通、交易所或其他第三方行情发布系统接口定义为准。收盘指数计算和发布:指数发布频率为指数交易日每日发布。From CSI Calculation Rules for Equity Indices ↗ |
Real-time indices are updated according to the relevant publication interface, and closing indices are calculated and published on each index trading day. |
| Return variants | PR, GTR, NTR | 价格指数以样本的市场价格,计算指数的表现。为满足投资者的需要,中证指数同时计算部分指数的全收益指数和净收益指数。From CSI Calculation Rules for Equity Indices ↗ |
The rulebook identifies price, gross total return, and net total return indices, with gross and net versions calculated for some indices. |
| Withholding tax basis | A 10% cash-dividend tax rate is generally used for Shanghai, Shenzhen, Beijing, and Hong Kong securities. | 对沪深京港证券,现金分红的税率一般设置为10%。From CSI Calculation Rules for Equity Indices ↗ |
For Shanghai, Shenzhen, Beijing, and Hong Kong securities, the cash-dividend tax rate is generally set at 10%. |
| Dividend treatment | Gross total return indices reinvest pre-tax cash dividends and net total return indices reinvest after-tax cash dividends on the ex-dividend date; the price index does not adjust the divisor for cash dividends. | 全收益指数和净收益指数是价格指数的辅指数,与价格指数的区别在于全收益指数、净收益指数的计算中考虑了样本税前、税后现金红利的再投资收益,不会在样本除息日按照样本分红金额自然回落From CSI Calculation Rules for Equity Indices ↗ |
Gross and net total return indices assume reinvestment of pre-tax and after-tax cash dividends on the ex-dividend date, while the price index falls naturally on cash dividends. |
| Divisor adjustment | Cash dividend for gross and net total return indices, Bonus issue, Rights issue, Stock split, Reverse stock split, Other share changes at or above 5 percent, Accumulated small share changes in semi annual adjustment, Periodic or ad hoc constituent adjustment | 当样本现金分红时,价格指数除数不予修正,任其自然回落。全收益指数、净收益指数在样本除息日前一交易日收盘后修正指数除数。当样本送股、配股、拆股或缩股时,价格指数、全收益指数、净收益指数在样本除权日前一交易日收盘后修正指数除数。From CSI Calculation Rules for Equity Indices ↗ |
Divisor adjustments are triggered by total-return cash dividends, bonus issues, rights issues, splits, reverse splits, qualifying other share changes, scheduled small share-change updates, and constituent adjustments. |
| Recalculation policy | Where recalculation or republication is involved, CSI will promptly notify index clients; in complex cases CSI reserves discretion to recalculate the index or republish related data products. | 公司保留在复杂情况下自行决定重新计算指数或重新发布相关数据产品的权利。涉及指数重新计算或发布的情形,公司将及时向指数客户发布通知。From CSI The Primary Policy of Index Management ↗ |
If an index is recalculated or related data products are republished, CSI will promptly notify index clients, with the decision reserved to CSI in complex situations. |
| M10 Governance, change policy, disclosure · 10 fields | |||
| Oversight body | Index Business Supervisory Committee, Index Expert Committee | 指数业务监督委员会负责定期对指数编制方案审阅工作进行监督。From CSI The Primary Policy of Index Management ↗ |
The Index Business Supervisory Committee supervises methodology review, rule changes, index terminations, and complaint reports; the Index Expert Committee provides recommendations and discusses Category I index terminations. |
| Discretion points | decide whether and how to correct an index error within six months, decide whether to recalculate an index or republish related data products in complex cases, terminate an index after prudent evaluation, consider providing a replacement index when regulatory requirements and feasibility permit, issue emergency notices depending on the impact of a calculation abnormality, use targeted rather than public consultation where appropriate for material changes | 对于六个月以内的指数错误,需综合评估指数错误影响、指数产品情况、距离下次指数调整时间、指数可投资性与可复制性等因素,慎重决定处理方案。From CSI The Primary Policy of Index Management ↗ |
CSI retains discretion over error handling and recalculation, index termination after evaluation, replacement-index considerations, emergency notification based on impact, and consultation format in appropriate cases. |
| Methodology review frequency | periodic internal review | 公司负责根据内部定期审阅、审视市场环境、听取指数专家委员会建议、接受市场反馈、外部投诉等途径对指数规则进行必要的修订。From CSI The Primary Policy of Index Management ↗ |
Index rules are revised based on periodic internal reviews, market developments, expert committee advice, market feedback, and complaints; the review interval is not specified. |
| External review | Material changes: Market opinions must be sought in advance; Category I indices: Public consultation is the principle; targeted consultation may be used with scope commensurate with the index's actual impact; Non Category I indices: Targeted consultation is the principle | 指数规则修订涉及的重大变更应事先征求市场意见。其中,一类指数1的重大变更原则上采用公开征求意见的形式,若采用定向方式的,征求范围应与指数的实际影响相适应;非一类指数的重大变更原则上采用定向征求意见的形式。From CSI The Primary Policy of Index Management ↗ |
Material rule changes require prior market consultation: Category I indices normally use public consultation, while non-Category I indices normally use targeted consultation. |
| Material change definition | Material changes are referenced as major changes to index rules, but the document does not define the criteria for materiality. | 指数规则修订涉及的重大变更应事先征求市场意见。From CSI The Primary Policy of Index Management ↗ |
The rulebook requires market consultation for material index-rule changes but does not state a definition or criteria for materiality. |
| Consultation procedure | Material changes are consulted with the market before implementation; Category I indices normally use public consultation, non-Category I indices normally use targeted consultation, and targeted scope must match the index's actual impact. | 其中,一类指数1的重大变更原则上采用公开征求意见的形式,若采用定向方式的,征求范围应与指数的实际影响相适应;非一类指数的重大变更原则上采用定向征求意见的形式。From CSI The Primary Policy of Index Management ↗ |
CSI conducts prior market consultation for material changes, normally publicly for Category I indices and on a targeted basis for other indices, with targeted scope aligned to impact. |
| Notice period | 1 business day | 第十七条 指数规则的修订根据指数分类不同须在正式实施前至少一个交易日于公司官网进行公告,公告内容包括指数规则修订的背景、内容及实施时间表。From CSI Measures for the Implementation of Change of Index Methodologies ↗ |
Unless otherwise specified, rule revisions must be announced on the company website at least one trading day before formal implementation. |
| Error correction policy | Error definition: A published index level deviates from the correct level; Causes: data errors, maintenance errors, software or hardware technical failures, other causes; Older than six months: generally not handled; Within six months factors: impact of the error, index-linked products, time until the next index adjustment, index investability and replicability; Complex cases: CSI reserves the right to decide whether to recalculate the index or republish related data products | 指数错误指已向市场发布的指数点位与正确点位发生偏离。引起指数错误的原因包括但不限于:数据错误、维护错误、软硬件技术故障等。公司经过审慎评估,可能对指数错误进行修正,并遵循以下原则:如指数错误发现时距离发生已超过六个月,一般不予处理。From CSI The Primary Policy of Index Management ↗ |
Errors are deviations between published and correct levels; errors older than six months are generally not addressed, while newer errors are assessed by impact, linked products, timing, investability, and replicability, and complex cases may be recalculated or republished at CSI's discretion. |
| Change announcement | market disclosure before formal implementation of rule revisions, CSI Index Express, Exchanges, other third-party market-data publication systems, CSI website, CSI data service platform, notices to index clients for recalculation or republication | 指数规则修订经内部评审后,将在正式实施前向市场披露。From CSI The Primary Policy of Index Management ↗ |
CSI discloses rule revisions to the market before implementation, publishes levels through market-data systems and its website or data platform, and notifies clients for recalculations or republication. |
| Cessation policy | After prudent evaluation, CSI may terminate an index, meaning cessation of calculation, maintenance, and external publication; factors outside CSI's control may, in extreme cases, lead to termination. | 公司经过审慎评估后,可能会进行指数终止的操作,即终止指数的计算、维护和对外发布。From CSI The Primary Policy of Index Management ↗ |
An index may be terminated after prudent evaluation, stopping its calculation, maintenance, and external publication; extreme market, data, liquidity, environmental, or geopolitical factors may also result in termination. |
Open points · 30Model-written, for reference
- 1ISIN was not stated.
- 2Third-party vendor tickers for Bloomberg, Refinitiv, or Wind were not stated.
- 3The calculation agent was not explicitly identified.
- 4Launch date, calculation currency, methodology version, methodology date, benchmark type, and intended use were not stated.
- 5The detailed constituents of the CSI 300 sample space were not provided; the sections only state that the sample space is the same as that of the CSI 300 Index.
- 6Specific exchanges, listing boards, security type enumeration, nationality rule, and universe exclusions were not detailed.
- 7Eligibility rules for trading history, liquidity, minimum size, free float, foreign room, voting rights, minimum price, financial screens, ESG or business exclusions, suspensions, and abnormal price moves were not included.
- 8No rule was provided for tie breaking when ranking metrics are equal.
- 9No industry-neutrality or sector-balancing rule was stated.
- 10No reserve-list rule or replacement-candidate list size was stated.
- 11No weighting scheme, free-float factor, share-count source, weight cap, or divisor-adjustment rule was stated in the selection and constituent count section.
- 12No rule was stated for the review data cut-off or reference date.
- 13No announcement timing or publication channel for review results was stated.
- 14No separate weight-rebalancing or weight-reset frequency was stated.
- 15No fast-entry rule for large newly listed securities was stated.
- 16No deletion price for removed or suspended securities was stated.
- 17No threshold for interim share or free-float changes was stated.
- 18The document does not specify whether the 10% regular-review change limit is a strict cap or a general guideline, although the source uses “一般”.
- 19M9 does not specify the price source used for index calculation.
- 20M9 does not specify the calculation frequency or real-time interval.
- 21M9 does not specify the precision or number of decimal places for the published index level.
- 22M9 does not specify price, gross total return, or net total return variants.
- 23M9 does not specify a withholding tax basis for net return variants.
- 24M9 does not specify dividend treatment or reinvestment mechanics.
- 25M9 does not enumerate the events triggering divisor adjustments; it only refers to the calculation and maintenance rules.
- 26M9 does not specify a market disruption or market closure calculation rule.
- 27M9 does not specify a recalculation or error correction policy.
- 28The provided sections do not identify an oversight body or governance committee.
- 29The provided sections do not describe discretionary powers, methodology review frequency, external review, consultation procedure, material-change definition, notice period, disclosure channels, constituent publication frequency, or index cessation policy.
- 30Not coveredM3 Eligibility screens: not covered by this edition
Read by a language model (doubao-seed-2.1-pro) on 2026-10-03 · prompt 1.2 · schema 1 · 60 of 60 quotes found word for word in the PDF · includes general rules: Calculation Rules for Equity Indices v1.1, Free Float Rules for Equity Indices v1.1, Constituent Adjustment Rules for Equity Indices v1.2, The Primary Policy of Index Management v3.0, Measures for the Implementation of Change of Index Methodologies v3.0
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