State-owned enterprise China Reform Holdings under the State-Owned Assets Supervision and Administration Commission of the State Council announced on its official website that its subsidiary, Guoxin Investment, subscribed to the first batch of CSI Guonew Red-chip ETFs issued by fund companies Guangfa, Southern, Invesco Great Wall and others today (19th). This marks Guoxin Investment's second investment in ETF products of central state-owned enterprises series, following its shareholding in the central state-owned enterprises technology-themed index fund of CSI Guonew in December 1 last year.

According to data released by China Securities Index Co. at the end of May on the CSI Guonew Red-chip ETF Index (Index Code 931722), the index consists of 48 sample stocks, and the top 10 weighted stocks are as follows:

Stock │ Weight of CSI Guonew Red-chip ETF Index

CNOOC Ltd. (00883.HK) │ 12.32%

PetroChina Co. Ltd. (00857.HK) │ 11.8%

China Shenhua Energy Company Ltd. (01088.HK) │ 11.24%

China Petroleum & Chemical Corp. (00386.HK) │ 9.42%

China Mobile Ltd. (00941.HK) │ 9.06%

China Telecom Corporation Ltd. (00728.HK) │ 6.31%

China Unicom (Hong Kong) Ltd. (00762.HK) │ 3.79%

China Coal Energy Co. Ltd. (01898.HK) │ 3.09%

CGN Power Co. Ltd. (01816.HK) │ 2.23%

China Resources Power Holdings Co. Ltd. (00836.HK) │ 2.15%