Mengniu to become Hong Kong's first dairy blue chip

February 12, Hong Kong Hang Seng Index Company announced that the Mengniu Dairy (2319.HK) formally into the Hang Seng index components, the decision to enter into effect on March 7, 2014, which marks Mengniu will be selected as the Hang Seng index components of China's dairy industry first. This is the same day up to 5.153 billion Hong Kong dollar premium to increase Mengniu shares, Mengniu in the capital market to obtain another good news. The Hang Seng index is an important indicator of Hong Kong's stock market price. At present, the Hang Seng index constituent stocks, that is, investors often talk about the number of blue chips is 50, the selection of the standard is very strict, generally only the industry representative of large companies have the opportunity to be selected. This Mengniu dairy industry classification into the composition of the stock list, among Tencent Holdings, China Mobile and the Chinese sea oil and other large industrial and commercial components of the listed companies, fully demonstrated the company's strength and image. Mengniu has been selected as the Hang Seng index constituent shares, not only to get more attention from international institutional investors, but also to promote Mengniu's international visibility and influence. Mengniu chief Financial Officer Wu Wennan said that after the Hang Seng index component stocks, Mengniu stock trading volume and liquidity will be further enhanced and optimized, the company's value can be more effectively excavated. To become the first dairy component of the Hang Seng Index, which shows that Mengniu's production and operation, financial position, market capitalization and trading volume level all reached the standard of the Hang Seng Index, its leading position in dairy products and even FMCG industry and the potential for good value growth have been fully recognized by the capital market. Hong Kong is a well-known Asian financial centre and the Hong Kong stock market is also a representative of mature capital markets, and the Hang Seng index has thus become an important investment reference for major funds and investment companies around the world. Mengniu is selected for the Hang Seng Index, will expand Mengniu Institutional investor base, institutional shareholder structure will be more optimized.