Cogobuy Selected Constituent Stock of Hang Seng Composite LargeCap & MidCap Index
HONG KONG, March 7, 2016 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce platform serving the electronics manufacturing industry in China, is pleased to announce that the Company has been selected as a constituent stock of the Hang Seng Composite LargeCap & MidCap Index, with effect from March 14, 2016 (Monday). The inclusion will make Cogobuy among one of the eligible stocks under the Shanghai-Hong Kong Stock Connect scheme that allows Chinese investors to trade directly.
The Hang Seng Composite Index is sub-divided into three size indexes including the Hang Seng Composite LargeCap Index, the Hang Seng Composite MidCap Index and the Hang Seng Composite SmallCap Index aim at reflecting the overall performance of them respectively.
Mr. Jeffrey Kang, CEO of Cogobuy Group, said: "The inclusion of the Company as a constituent of the Hang Seng Composite LargeCap & MidCap Index will further diversify the Company's shareholder base. Furthermore, as one of the representative of 'Internet +' companies, the admission to the index is a recognition of our high growth business and future development by the capital markets."
About Cogobuy Group
Cogobuy Group is the largest e-commerce service platform serving the electronics manufacturing industry in China. Through the e-commerce platform, which includes a direct sales platform, an online marketplace, and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale and post-sale stages. The Company serves mainly SME electronics manufacturers.
For further information, please refer to the Company's website at http://www.cogobuy.com/
SOURCE Cogobuy Group
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