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Markets · Editorial experiment

RetailNews Asia Index RNA-10

Our own basket of ten listed Asian retailers, tracked daily to show how the region's shopkeepers, marketplaces and delivery fleets traded.

RNA-10 · Index level

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1 day

1 week

1 month

Year to date

52w range

Breadth

The basket

CompanyMarketSub-sectorLast1D1W1MYTD
BABA · NYSE

Taobao and Tmall remain the volume anchor of Chinese online retail.

Price history, weight & sources
ChinaE-commerce
PDD · NASDAQ

Pinduoduo at home, Temu abroad — the sharpest price-led growth story in the basket.

Price history, weight & sources
ChinaDiscount e-commerce
JD · NASDAQ

Owned inventory and same-day delivery make it the supply-chain bellwether.

Price history, weight & sources
ChinaE-commerce & logistics
SE · NYSE

Shopee's take-rate discipline drives the region's largest marketplace.

Price history, weight & sources
SingaporeSoutheast Asia marketplace
CPNG · NYSE

Rocket Delivery density is the benchmark for fulfilment economics in Asia.

Price history, weight & sources
South KoreaE-commerce & grocery
MNSO · NYSE

Franchise-led store roll-out across Asia, with IP collabs driving basket size.

Price history, weight & sources
ChinaSpecialty retail
YUMC · NYSE

KFC and Pizza Hut China — the read-through on mainland consumer footfall.

Price history, weight & sources
ChinaFood service
GRAB · NASDAQ

Deliveries plus fintech, the clearest proxy for ASEAN digital consumption.

Price history, weight & sources
SingaporeOn-demand commerce
TCOM · NASDAQ

Outbound Asian travel demand feeds duty-free and destination retail.

Price history, weight & sources
ChinaTravel retail
MMYT · NASDAQ

India's largest online travel retailer, a proxy for middle-class discretionary spend.

Price history, weight & sources
IndiaTravel & booking

Prices in US dollars from the companies' US listings or ADRs, delayed by at least 15 minutes. Equal weight per constituent, rebased daily.

Methodology

  • Ten constituents. Listed companies whose revenue is driven by Asian retail and commerce, spread across China, Japan, Korea and Southeast Asia.
  • Equal weight. Every company counts for 10% of the index, so a mid-cap specialty retailer matters as much as a mega-cap marketplace.
  • Base 1000. The index is rebased to 1000 at the start of the trailing one-year window, so the level reads directly as performance since then.
  • Daily closes. Recomputed every trading day from official closing prices; missing local holidays are carried forward.
  • Review. The basket is reviewed editorially twice a year; changes are announced on this page.

How to read it

Above 1000 means the Asian retail complex has gained ground over the past year; below means it has lost it.

Breadth — the advancers versus decliners count — tells you whether a move is broad-based or driven by one or two names.

Divergence between the marketplace names and the store-based retailers is usually the story worth reporting: it points at where consumer spend is shifting.

What the RNA-10 is — and what it isn't

  • It is our own test. We put together a basket ourselves and track it publicly to see what a diversified slice of Asian retail would have returned.
  • It is a reporting tool. We use the level, breadth and movers as context in our coverage — nothing more.
  • It is transparent. Constituents, weights, base and data sources are all published on this page.
  • You cannot buy it. There is no fund, ETF, certificate or exchange ticker for the RNA-10 — it is not listed anywhere.
  • It is not a licensed benchmark. It is not administered, audited or regulated, and no product may be priced against it.
  • It is not advice. Nothing here is a recommendation to buy or sell any security. Prices may be delayed or incomplete.

The RNA-10 is an in-house experiment by RetailNews Asia: we assembled our own basket of ten listed Asian retailers to see what such a portfolio would have returned. It is not a licensed or tradeable index — there is no fund, ETF, certificate or ticker behind it, you cannot buy it on any exchange, and it is published for editorial information only, never as investment advice.

Data feeds

Follow the RNA-10

Track the daily closing level and movements of the index in your reader or your own application. Both feeds update after every trading session and are free to use with attribution to RetailNews Asia.

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