China Exchanges Services Company (CESC), a Hong Kong-based index-focused joint venture between Hong Kong Exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange, launched the CES China Private Elite Index, an index designed to capture the performance of Mainland China's 30 largest private enterprises listed in Hong Kong or the US. The index uses constituents' free float adjusted market cap to calculate weights, with a cap of 15%. The index is calculated daily, after close of trading with 4