We have made the following adjustments to the EMCHI as of April 15th: Baidu (BIDU, quote) and Tencent (TCEHY, quote) as mega-cap plays in the index already occupy the two largest weightings but have seen healthy pullbacks to core support and remain the best mix of proven revenue growth and valuation attractiveness. 
Both stocks have been increased by 5% to 20% and 13% weightings respectively. The biggest increase in weighting in the index is E-House (EJ, quote) where we think Tencent strategic interest grows and remains an anchor on the valuation.
We have doubled the weight in EJ after an almost 40% pullback in the stock from the highs to key support levels. The stock now has a 5% weighting on the index. $70 represents a key support level for index and where we would add to position.