Lippo IM launches China/HK property index

Lippo Investments Management will today unveil an index that tracks Chinese and Hong Kong real estate stocks using fundamental indexing methodology. The Hong Kong-based firm says the Lippo Select Hong Kong & Mainland Property Index has the potential to consistently outperform similar benchmarks. That's because stocks included are assessed by a range of fundamental factors, four of which in particular are found to have a positive effect on stock prices; namely dividend yield, s…