Revere Data™ Introduces the Most Comprehensive Mapping of All Chinese Publicly Traded Companies ::
March 17, 2008
RISC China™ Offers the First Complete View Into All Three Chinese Exchanges
New York, March 17, 2008 – Revere Data, LLC, a fast-growing industry leader in financial services information and technology, announced today the introduction of RISC Chinaä, a comprehensive mapping of all 2,600 companies listed on the Hong Kong, Shanghai, and Shenzhen markets.
The RISC™ system organizes publicly-traded companies into the most detailed and comprehensive sector and subsectors groupings available. RISC™ is a global extension of the Revere Hierarchy™, an unparalleled patented product-based classification system that maps companies by the products and services they sell.
“RISC China™ is significant because it allows investors and other professionals to go deep inside of publicly traded Chinese companies to uncover linkages between companies and sectors based on both the focus of their businesses as well as their ancillary business lines,” Revere Data CEO Kevin O’Brien commented. “This new level of visibility will enable our clients to search for hard-to-find investment opportunities and to mitigate risk.”
Specifically, RISC China™ classifies all publicly traded Chinese companies into approximately 1,200 industries, sectors, and subsectors. Competing systems routinely group publicly traded companies into less than 200 sectors and subsectors. Revere’s classification system is based on its time-tested research methodology that identifies the specific subsectors from which a company derives revenues. For example, traditional systems classify PetroChina Company Ltd as a crude oil and natural gas producer. RISC China™ identifies eight unique sectors in which PetroChina competes:
Crude Oil & Natural Gas Exploration and Production; Fiber and Polymer Resins; Gasoline Stations and Convenience Stores; Inorganic Chemicals; International Petroleum Refineries; Natural Gas Pipelines & Storage; Organic and Petrochemicals;
and Petroleum Liquid Pipeline & Storage.
RISC Chinaä also includes integrated geographic revenue exposure data through Revere GeoRev™, allowing users to quickly identify Chinese companies that derive a significant portion of their revenue from exports versus those that focus on the domestic Chinese market.
“This sophisticated yet intuitive tool enables traders, portfolio managers, sales and trading professionals, and risk management executives to more fully understand the connections among companies in one of the fastest growing economies in the world,” added Mr. O’Brien. “Our clients tell us they need these kinds of tools to generate returns and understand their risks in today’s increasingly complex, challenging, and interrelated markets.”
RISC China™ is available as a stand-alone datafeed or combined with other RISC datafeeds. It is also available through Revere’s web-based software applications. Revere’s customers include some of the world’s leading global financial institutions, asset management firms, fund sponsors, corporations, and media outlets.
About Revere
Revere Data, LLC, is a leading provider of financial information services that gives investors a better understanding of the cornerstone of all great companies: the products and services they sell. Revere goes deep inside companies to search, discover and classify their products and services, their focused lines of business, and their key business relationships. Products such as Revere Hierarchy™ and Revere Relationships™ deliver a more precise and deeper view of the market for thousands of publicly traded companies in the US, Canada, China, and the UK. Revere offers a comprehensive suite of data, online research, and index services for the investment community. For more information, please visit www.reveredata.com.
CONTACTS:
Bill Mendel
Mendel Communications
(212) 397-1030