SSE Composite Index
What is the SSE Composite Index?
It’s an index made up of all stocks – both A-shares and B-shares – that trade on the Shanghai Stock Exchange (SSE). It gives a broad overview of the performance of companies operating in the Chinese market.
Where have you heard about the SSE Composite Index?
The index is a good indicator of the Chinese economy as a whole and often referred to when talking about the success of companies and sectors. Shanghai is an influential financial centre, so its results can impact the national and even global economy.
What you need to know about the SSE Composite Index.
SSE indices are all calculated using a Paasche weighted composite price index formula. This means the index is based on a specific base day for its calculations. For this index, that is December 19, 1990. The index was launched on July 15, 1991 with a base value of 100.
The SSE's stocks include several of the world's largest companies, including China National Petroleum and the Industrial and Commercial Bank of China, which is the biggest bank in the world.