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The Beijing Youth Daily 99 Index, co-released by Beijing Youth Daily and Standard & Poor’s, was launched on July 3, 2006.
Describing the overall trend of blue chip stocks in the yuan-denominated A-share market, the index chose 99 stocks with the largest market value for free transactions and the best fluidity. As of June 30, market value for free transactions of these 99 stocks totaled 595.4 billion yuan, accounting for 37.6 percent of the total capitalization for free transactions in the Chinese stock market.