FTSE China Index Series Review

FTSE China B All-Share Index – Table of Contents - SAMPLE PAGES

FTSE China B All-Share Index Section – Page No. 7-3 China B Indices Performance 7-3 China B Indices Performance relative to China B All-Share Index 7-4 Overview 7-5 Constituent Report 7-8 Index Changes bmkXIN_XIN2

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FTSE China B Indices Performance - USD B SHARE

. Capital Return Total Return MCap Index No of

Yld% P/E P/B P/CE P/S ROE Index 1M% YTD% 12M% Index 1M% YTD% 12M% USD (mn) Wgt % Stocks

. 2.20 13.3 1.9 12.4 0.9 12.9 FTSE China B All-Share Index 7,027.70 -7.63 -16.99 -0.78 8,515.36 -7.58 -15.29 1.25 26,878 100.00 104

2.70 11.5 1.8 11.2 1.1 14.1 FTSE China B 35 Index 8,924.42 -8.11 -17.88 -1.02 11,298.58 -8.05 -15.83 1.45 19,658 73.14 35

FTSE China B All-Share - USD

250

200

150 FTSE China B FTSE China

100 A ll-Share Index ll-Share 50 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10

FTSE China B All-Share FTSE China B35

FTSE China B Indices Performance Relative to FTSE China B All-Share - USD

1 Month 12 Months 7 –3

FTSE China B 35 Index -0.5 FTSE China B 35 Index -0.2

-0.6 -0.5 -0.4 -0.3 -0.2 -0.1 0 -0.25 -0.2 -0.15 -0.1 -0.05 0

7–3 FTSE China Index Series Review

B SHARE

FTSE China B All-Share Index - Overview

ABSOLUTE PERFORMANCE Top and Bottom Performers (USD)

1 Month 12 Months Name Sector Price Chg% Name Sector Price Chg% Fiyta Holdings (B) Personal Goods 12.06 8.06 Shenzhen Internation General Retailers 12.08 117.27 Anhui Gujing Distill Beverages 73.59 7.75 Anhui Gujing Distill Beverages 73.59 114.55 Shanghai Wingsung (B Pharmaceuticals & Biotechnology 0.85 7.46 Fiyta Holdings (B) Personal Goods 12.06 92.30 Dahua Group Dalian C Chemicals 0.45 5.95 Weifu High-Technolog Automobiles & Parts 21.16 84.32 Shanghai Erfangji Industrial Engineering 0.41 3.84 Huaxin Cement (B) Construction & Materials 1.99 78.08

Jiangling Motors B Automobiles & Parts 15.60 -16.49 Shanghai Jinjiang In Travel & Leisure 1.18 -33.24 Shenzhen Properties Real Estate Investment & Services 5.32 -17.65 Guangdng Elc Pw Dv B Electricity 2.87 -34.17 Huaxin Cement (B) Construction & Materials 1.99 -22.48 Chongqing Jianshe Mo Automobiles & Parts 2.68 -34.79 Shenzhen Internation General Retailers 12.08 -22.96 Changchai (B) Industrial Engineering 3.46 -36.40 Livzon Pharmaceutica Pharmaceuticals & Biotechnology 16.26 -26.29 Konka Group B Leisure Goods 2.02 -36.88

WEIGHTED CONTRIBUTION Top and Bottom Contributors (USD)

1 Month 12 Months Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont% Yantai Changyu Pione Beverages 95.60 8.15 0.16 Anhui Gujing Distill Beverages 73.59 2.11 1.11 Anhui Gujing Distill Beverages 73.59 2.11 0.14 Huaxin Cement (B) Construction & Materials 1.99 2.43 1.05 Fiyta Holdings (B) Personal Goods 12.06 0.47 0.03 Yantai Changyu Pione Beverages 95.60 8.15 0.99 Huangshan Tourism De Travel & Leisure 1.45 0.84 0.02 Inner Mongolia Eerdu Personal Goods 1.50 2.34 0.66 Lao Feng Xiang Personal Goods 2.82 1.80 0.66 SVA Electron B Electronic & Electrical Equipment 0.47 0.51 0.01

Shenzhen SEG (B) Electronic & Electrical Equipment Del Del -0.33 Dazhong Transport B Travel & Leisure 0.52 1.04 -0.36 China Vanke (B) Real Estate Investment & Services 10.00 6.28 -0.44 Shandong Chenming Pa Forestry & Paper 4.30 1.14 -0.42 Huaxin Cement (B) Construction & Materials 1.99 2.43 -0.65 Guangdng Elc Pw Dv B Electricity 2.87 0.91 -0.47 China Intl Marine General Industrials 10.79 7.37 -1.09 Chongqing Chg Auto B Automobiles & Parts 2.45 1.26 -0.55 Inner Mongolia Yitai Mining 5.70 15.51 -1.60 Sh Lujiazui F & T B Real Estate Investment & Services 1.10 2.09 -0.96

HOLDINGS Top stocks by market cap (USD)

Rank (1-5) Rank (6-10) Name Sector Price Wgt% Name Sector Price Wgt% Yantai Changyu Pione Beverages 95.60 8.15 Inner Mongolia Yitai Mining 5.70 15.51 China Intl Marine General Industrials 10.79 7.37 China Merchants Prop Real Estate Investment & Services 12.14 1.48 China Vanke (B) Real Estate Investment & Services 10.00 6.28 Chongqing Chg Auto B Automobiles & Parts 2.45 1.26 CSG Holding B Construction & Materials 7.88 2.87 Weifu High-Technolog Automobiles & Parts 21.16 1.16 Anhui Gujing Distill Beverages 73.59 2.11 Hangzhou Steam Turbi Industrial Engineering 9.57 1.15

FTSE China B All-Share Index Performance FTSE China B All-Share Index Volatility % 12000 90 11000 80 10000 70 9000 60 8000 50 7000 40 6000 5000 30 4000 20 3000 10 2000 0 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-06 Dec-07 Dec-08Dec-09Dec-10 Capital Return Total Return vol 1m vol 3m

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FTSE China B All-Share Index - Constituent Report B SHARE

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Fiscal Local Weight % Shares MCap USD Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE YearSedol Code Sctr IdxName Price CCY (mn) FF% USD (mn) 1M% YTD% 12M% Sh(th)Val(mn)

Oil Equipment Services & Distrib. 1.82 19.3 3.1 12.9 8.6 16.9 Dec 10 6196055 200053 100.00 0.28 Shenzhen Chiwan Petr 8.39 HKD 231 30 75 -8.0 -29.6 -13.3 128 1.1

Chemicals 0.00 -18.4 10.8 -37.9 8.6 -45.3 Dec 10 6084365 900951 8.61 0.18 Dahua Group Dalian C 0.45 USD 275 40 49 6.0 -17.3 -16.7 759 0.3

0.00 +ve 3.8 26.1 15.6 1.2 Dec 10 6799540 900921 33.06 0.70 Danhua Chemical Tech 0.97 USD 194 100 188 -9.6 -16.2 -14.9 920 0.9

0.00 54.6 1.4 21.6 1.0 2.5 Dec 10 6442156 200553 16.20 0.34 Hubei Sanonda (B) 3.12 HKD 230 100 92 -5.2 -17.0 -15.2 323 1.0

0.00 29.1 1.7 7.0 0.8 6.2 Dec 10 6800776 900908 42.12 0.89 Sh Chlor-Alkal Chm B 0.59 USD 407 100 239 -5.3 10.5 37.0 1,943 1.2

Forestry & Paper 8.34 6.1 0.5 11.6 0.4 9.2 Dec 10 6801832 200488 100.00 1.14 Shandong Chenming Pa 4.30 HKD 558 100 308 -11.7 -31.0 -26.7 1,103 4.8

Industrial Metals & Mining 3.92 8.5 0.5 3.0 0.2 6.4 Dec 10 6008291 200761 70.61 0.58 Bengang Steel Plt B 3.05 HKD 400 100 157 -9.2 -23.4 -20.6 557 1.7

0.00 19.3 1.3 -2.3 0.0 6.9 Dec 10 6569260 900927 29.39 0.24 Shanghai Material Tr 0.65 USD 100 100 65 -4.4 -18.9 -20.0 232 0.2

Mining 4.02 10.5 3.9 9.8 3.7 44.5 Dec 10 6019011 900948 100.00 15.51 Inner Mongolia Yitai 5.70 USD 1,464 50 4,172 -10.0 -20.1 3.4 2,449 14.3

Construction & Materials 0.00 26.5 1.6 -50.4 1.4 7.3 Dec 10 6807603 200055 6.53 0.45 China Fangda Group B 2.80 HKD 336 100 121 -3.4 -15.5 -10.8 1,102 3.0

4.76 9.1 2.1 5.7 1.7 25.2 Dec 10 6196174 200012 41.72 2.87 CSG Holding B 7.88 HKD 763 100 771 -6.1 -28.8 -0.9 2,255 17.9 B FTSE China

0.77 17.5 2.1 7.0 1.3 12.8 Dec 10 6802686 900933 35.30 2.43 Huaxin Cement (B) 1.99 USD 328 100 653 -22.5 40.6 78.1 877 2.1

0.00 +ve 26.0 +ve 69.3 27.4 Dec 10 6853952 900939 2.44 0.17 Shanghai Huili Build 0.50 USD 182 50 45 -4.4 -4.8 13.2 290 0.2

0.00 +ve 5.4 44.5 16.5 2.0 Dec 10 6281423 900957 6.98 0.48 Shanghai Lingyun Cur 0.49 USD 349 75 129 -5.2 -26.4 -18.2 424 0.2

0.83 31.4 3.3 24.0 2.5 11.1 Dec 10 6801478 900918 7.03 0.48 Shanghai Yaohua Pilk 0.69 USD 188 100 130 -1.8 -14.8 16.7 545 0.4

General Industrials 3.96 7.3 1.4 15.2 0.5 21.1 Dec 10 6191351 200039 95.39 7.37 China Intl Marine 10.79 HKD 1,431 100 1,981 -13.8 -40.1 -4.1 2,811 30.9

0.00 33.6 3.1 23.0 1.2 9.8 Dec 10 6263863 200986 4.61 0.36 Foshan Huaxin Packag 3.69 HKD 505 40 96 -7.1 -31.8 -13.6 248 0.9 A

Index ll-Share Electronic & Electrical Equipment 0.00 -5.7 0.4 -10.5 1.4 -9.0 Dec 10 6001096 200725 36.37 0.87 Boe Technology Grp B 1.36 HKD 1,339 100 234 -2.2 -24.1 -12.7 4,333 6.0

2.23 26.1 3.4 19.1 0.6 13.9 Dec 10 6164858 900956 12.63 0.30 Huangshi Dongbei Ele 0.69 USD 235 50 81 -6.5 -23.6 -18.7 152 0.1

0.00 61.9 2.6 -63.0 0.4 4.2 Dec 10 6798763 900928 10.42 0.25 Shanghai Automation 0.63 USD 107 100 67 -3.3 -29.7 -13.4 327 0.2

0.00 64.2 2.6 12.1 0.9 4.1 Dec 10 6803667 200020 6.05 0.14 Shenzhen Zhongheng H 2.97 HKD 102 100 39 -7.2 -30.3 -32.3 107 0.3

0.00 +ve 9.2 +ve 26.3 0.8 Dec 10 6782089 200413 12.98 0.31 Shijiazhuang Baoshi 6.50 HKD 100 100 83 -8.3 -5.2 34.6 548 3.5

0.00 5.8 0.4 -11.7 1.7 7.4 Dec 10 6800141 900901 21.55 0.51 SVA Electron B 0.47 USD 293 100 138 3.1 -20.7 -11.4 504 0.2

Industrial Engineering 0.00 12.9 0.8 25.1 0.6 6.4 Dec 10 6187985 200570 3.14 0.25 Changchai (B) 3.46 HKD 150 100 67 -12.0 -41.2 -36.4 189 0.7

0.00 52.9 2.3 -31.5 4.2 4.2 Dec 10 6196141 900906 3.53 0.28 China Textile Machin 0.62 USD 120 100 75 -2.8 -21.5 -2.7 348 0.2

3.12 15.9 1.0 9.6 1.1 6.1 Dec 10 6106979 200530 3.01 0.24 Dalian Refrigeration 5.75 HKD 115 75 64 -7.1 -26.7 -13.3 100 0.6

3.84 19.7 4.7 27.0 3.2 26.5 Dec 10 6113098 200771 14.58 1.15 Hangzhou Steam Turbi 9.57 HKD 628 40 309 -11.6 -22.7 -9.2 720 6.7

0.00 27.7 5.6 20.5 0.9 22.7 Dec 10 6143396 900953 5.87 0.46 Kama B 0.49 USD 640 40 124 -5.4 -32.0 -29.3 459 0.2

0.00 32.2 2.7 -24.0 1.0 8.8 Dec 10 6806495 900924 5.95 0.47 SGSB Group (B) 0.52 USD 244 100 126 -2.3 -27.3 1.2 512 0.3

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0.86 9.1 0.6 3.6 0.3 7.0 Dec 10 6800152 900920 9.20 0.72 Shanghai Diesel Eg B 0.90 USD 217 100 195 -2.0 0.2 11.7 293 0.3 –5

0.00 -6.6 3.5 -8.3 1.3 -41.4 Dec 10 6800798 900902 4.46 0.35 Shanghai Erfangji 0.41 USD 233 100 95 3.8 -2.9 -2.4 1,203 0.5

0.00 7.5 0.7 2.4 0.2 9.6 Dec 10 6802738 900910 8.41 0.66 Shanghai Highly Grp 0.63 USD 284 100 178 -2.5 -2.0 3.3 728 0.5

2.62 11.3 1.4 4.3 0.6 13.0 Dec 10 6797436 900925 11.97 0.94 Shanghai Mechanical 1.17 USD 216 100 254 -6.2 0.7 20.8 831 1.0

0.00 -39.6 1.6 4.8 1.5 -4.1 Dec 10 6018256 900947 27.05 2.13 Shanghai Zhenhua Prt 0.47 USD 1,622 75 573 -7.5 -23.7 -14.5 1,690 0.8

0.83 52.6 3.4 73.7 1.6 6.6 Dec 10 6952257 200706 2.83 0.22 Wafangdian Bearing ( 5.79 HKD 403 20 60 -6.6 -31.6 -7.5 103 0.6

Industrial Transportation 4.80 6.5 0.6 4.4 2.7 10.0 Dec 10 6389435 200429 17.19 0.42 Guangdong Provinicia 2.50 HKD 349 100 112 -10.4 -34.0 -33.2 405 1.1

1.55 22.3 1.3 13.3 5.9 6.0 Dec 10 6115414 900952 16.97 0.41 Jinzhou Port B 0.50 USD 223 100 111 -7.3 0.4 4.6 308 0.2

5.63 10.1 1.4 6.9 1.6 14.4 Dec 10 6800107 900914 20.30 0.49 Shanghai Jin Jiang 0.82 USD 161 100 132 -3.3 -21.7 -17.3 242 0.2

5.76 8.0 1.6 5.5 3.0 20.8 Dec 10 6803441 200022 34.18 0.83 Shenzhen Chiwan Whrf 9.64 HKD 180 100 223 -8.9 -29.6 -24.7 144 1.4

0.00 43.9 -3.3 -6.0 6.6 N/A Dec 10 6876540 900938 11.36 0.28 Tianjin Marine Shipp 0.41 USD 180 100 74 -1.9 -21.4 3.5 356 0.2

Support Services 2.79 7.4 1.1 -13.7 0.6 15.0 Dec 10 6663195 900912 100.00 0.57 Shanghai Wai Gaoqiao 0.77 USD 201 100 154 -5.4 -16.3 -11.0 268 0.2

Automobiles & Parts 2.17 3.9 0.8 3.1 0.3 21.9 Dec 10 6159478 200625 29.30 1.26 Chongqing Chg Auto B 2.45 HKD 1,074 100 338 -14.9 -33.0 -30.7 2,716 7.0

0.00 +ve 8.8 +ve 1.7 3.5 Dec 10 6787589 200054 4.28 0.18 Chongqing Jianshe Mo 2.68 HKD 478 30 49 -6.0 -31.3 -34.8 148 0.4

2.65 11.7 1.6 13.8 0.4 15.3 Dec 10 6800817 900909 13.25 0.57 Double Coin Holdings 0.63 USD 243 100 153 0.8 -26.2 -30.2 530 0.3

6.09 6.4 1.8 3.9 0.7 31.3 Dec 10 6477482 200550 17.93 0.77 Jiangling Motors B 15.60 HKD 344 30 207 -16.5 -30.6 -21.5 112 1.8

0.00 -98.0 22.6 -ve 4.2 -20.9 Dec 10 6003984 900946 8.16 0.35 Jinan Qingqi Motorcy 0.41 USD 230 100 94 -4.9 -12.8 -8.1 997 0.4

2.47 7.3 2.4 18.3 1.8 38.6 Dec 10 6944953 200581 27.09 1.16 Weifu High-Technolog 21.16 HKD 115 100 312 -5.5 -25.0 84.3 179 3.9

Beverages 0.57 44.7 13.5 27.4 7.6 34.1 Dec 10 6026691 200596 20.42 2.11 Anhui Gujing Distill 73.59 HKD 60 100 567 7.7 53.6 114.5 252 18.2

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FTSE China B All-Share Index Changes .

Effective Date Sedol Local Code Name Details Deletion 29/08/2011 6780544 200058 Shenzhen SEG (B)

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