15 May 2009 Tianneng among the 48 New Additions to the Morgan Stanley China Small Cap Index

 MSCI announced that 48 enterprises have been included in the China Small Cap Index and 17 have been taken out. Tianneng (819) is one of the new additions and the others are A8(800), China Automation(569), China Haidian (256), Hui Yuan (1886), China Oil & Gas (603), China Oriental (581), China Resources Microelectronics (597), Chongqing M&E (2722), Clear Media (100), Coastal Greenland (1124), United Gene High-Tech (399), Franshion Properties (817), Fufeng Group (546), GCL-Poly (3800), Genesis Energy (702), Goldbond (172), GST Holdings (416), Kai Yuan (1215), Kingboard (1888), Lai Fung (1125), Lee & Man Paper (2314), Maoye Int’l (848), Media China (419), Min Xin (222), Nanjing Panda (553), Pacific Online (543), Ports (589), Realgold Mining (246), REXLot (555), Shandong Molong (568), Shanghai Zhengda (755), Silver Grant (171), SinoMedia (623), Sinopec Kantons (934), Sun Man Tai (433), Truly (732) and Yip’s  Chemical (408). This list may serve as reference for retail investors.
Those taken out of the index included Shanshui Cement (691), ChongqingIron (1053), Guangzhou Ship (317), XinAo Gas (2688) and CSR Times (3898). Many stocks had prices shot up in folds indicative of their high risk.



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