American Dairy Inc Included in China Small Cap Index
American Dairy, Inc. (OTCBB:ADIY - News), one of the leading distributors and producers of milk powder, soybean powder and related dairy products, announces the Company is now included in the NAI China Small Cap Index as of November 22, 2004.
(PRWEB) December 4, 2004 -- American Dairy, Inc. (OTCBB:ADIY - News), one of the leading distributors and producers of milk powder, soybean powder and related dairy products, announces the Company is now included in the NAI China Small Cap Index as of November 22, 2004.
NAI China Small Cap Index consists of small capital companies whose major business is conducted in China and common stock is publicly traded in North America. This index serves as an indicator of a group of emerging growth Chinese companies.
The NAI China Small Cap Index was created because of the rising business opportunities and the growth potential in China. Many North American small capital sized companies have moved their business to China due to changes in the global economy. China will become the largest economic body in the world in the next decade. Therefore, NAI would like to introduce this index to anyone in order to meet the strong demand for investing in Chinese equity. Since this listing of Chinese companies in North America continues to grow at a steady rate, this index would provide the latest information for the investment community.
The NAI Small Cap Index comprises 15 stocks that are in Technology, Life Sciences, Resources, and Industrial sectors. To be eligible for selection, a company must have market capital between US$5 million and US$500 million, with its principal business based in China and its stock publicly traded in North America. Selection for the Index is based on the company's financial performance, market sector, and market turnover rankings and capitalization. The NAI Small Cap Index is a subsidiary of NAI Interactive, Ltd., which provides a worldwide financial platform for the Chinese investment community.
Some other companies also listed on the NAI China Small Cap Index include: China Automotive Systems, Inc. (NASDAQ:CAAS - News), American Oriental Bioengineering, Inc. (OTCBB:AOBO - News), LJ International, Inc. (NASDAQ:JADE - News), Far East Energy Corporation (OTCBB:FEEC - News), Euro Tech Holdings (NASDAQ:CLWT - News), APAC Minerals, Inc. (TSXV:APC), and China Digital Wireless (OTCBB:CHDW - News).
Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail partners, and on new product development, variations in new product and service development, risks associated with rapid technological change and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed with the Securities and Exchange Commission from time to time.
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