Taiwan Index Plus launches the TIP Taiwan IPO index 2018/05/25 14:00
Taiwan Index Plus Corporation(TIP), a fully subsidiary of the Taiwan Stock Exchange, is going to launch TIP Taiwan IPO Index on May 28th, 2018. The IPO index , including stocks from emerging or star-type industries or companies with growth potential, enhances the visibility of top-listed companies and leads the attention of more market investors.
The TIP Taiwan IPO index selected IPO stocks listed in the past two years with free float market capitalization more than NT$2 billion to achieve the investability of the index. To highlight the features of IPO index, the total listing period must not exceed two years, and during this period, if any constituent with the free float market valueless than NT$2 billion will be excluded from the index and will no longer be included in the future. The index constituents are adjusted once every three months.
The top 10 constituents of the TIPO index are Cayman Engley Industrial Co. Ltd.(2239), Taiwan High Speed Rail Corporation(2633), O-Bank Co. Ltd.(2897), TaiMed Biologics Inc.(4147), CONCRAFT HOLDING CO. LTD(4943), PharmaEssentia Corp.(6446), Egis Technology Inc.(6462), Taiwan Optical Platform Co. Ltd.(6464) , Chunghwa Precision Test Tech. Co. Ltd.(6510) and Nien Made Enterprise Co. Ltd.(8464).
Published in TWD, the Taiwan Market IPO Index is based on 5000 at the close trading date. The composition of the index is adjusted quarterly.
About the index
|
Universe |
Listed companies of Taiwan Stock Exchange and Taipei Exchange |
|
Weighting Method |
Free float adjusted market capitalization |
|
Base Date |
2018.5.25 |
|
Start Date |
2018.5.28 |
|
Base Value |
5,000 |
|
Calculation Frequency |
Every 5 Second |
|
Number of Constituents |
Not fixed |