[S&P Introduces New Rules: Adjusts Growth and Value Stock Classification; Growth Stock Evaluation No Longer Considers 12-Month Price Increase] According to Jinse Finance, on October 25th, S&P Dow Jones Indices introduced new rules adjusting the classification of growth and value stocks. The new rules will incorporate intangible assets, expected earnings, and free cash flow into the evaluation factors for value stocks; the evaluation criteria for growth stocks will no longer consider the past 12 months' price increase. The new rules will take effect before the US stock market opens on December 21st (local time). Funds tracking the index will need to adjust their portfolios accordingly, affecting approximately $375 billion in passive funds. Researchers and fund managers believe that the long-term underperformance of value stocks is partly due to flaws in the existing measurement standards. (CCTV Finance)