The index finished 2006 at 1,636, which means it is up 24% year-to-date. It was launched by FinanceAsia in 2002 at a level of 918, and has more than doubled since its inception five years ago. The index is composed of the 100 most profitable companies in Asia, and is by design a barometer of Asia's financial markets.
Greater China and South Korea explain much of the index's recent gains. The index contains 17 mainland Chinese companies, 16 from Hong...
¬ Haymarket Media Limited. All rights reserved.
