NEW YORK, Sept. 15, 2014 (GLOBE NEWSWIRE) -- 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, September 22, 2014.
The following two securities will be added to the Index: LightInTheBox Holding Co., Ltd. (NYSE:LITB) and China Digital TV Holding Co., Ltd. (NYSE:STV).
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 four securities will be removed from the Index: China Recycling Energy Corporation (Nasdaq:CREG), Ever-Glory International Group, Inc. (AMEX:EVK), Sungy Mobile Limited (Nasdaq:GOMO) and Xueda Education Group (NYSE:XUE).
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NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Media Contacts: Joseph Christinat, NASDAQ OMX +1.646.441.5121 Josh Machiz, NASDAQ OMX +188.8.131.5214 Issuer & Investor Contact: Natasha Selzer, NASDAQ OMX +1.301.978.8623
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