SSE Composite Index

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SSE Composite Index
Chinese 上海证券交易所综合股价指数

The SSE Composite Index (Chinese: 上海证券交易所综合股价指, 简称上证综指) is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.

Weighting and calculation[edit]

SSE Composite Index 1990–2012

SSE Indices are all calculated using a Paasche weighted composite price index formula. This means that the index is based on a base period on a specific base day for its calculation. The base day for SSE Composite Index is December 19, 1990, and the base period is the total market capitalization of all stocks of that day. The Base Value is 100. The index was launched on July 15, 1991.

  • The formula is:

Current index = Current total market cap of constituents × Base Value / Base Period

Total market capitalization = ∑ (price × shares issued)

  • The B share stocks are generally denominated in US dollars for calculation purposes. For calculation of other indices, B share stock prices are converted to RMB at the applicable exchange rate (the middle price of US dollar on the last trading day of each week) at China Foreign Exchange Trading Center and then published by the exchange.

Constituents[edit]

The full list of all constituent stocks can be found at SSE in Chinese. The top 50 by market cap are listed below. See also [1].[dead link]

Constituent SSE number
Air China 601111
Aluminum Corporation of China 601600
Bank of China 601988
Bank of Communications 601328
Baoshan Iron & Steel 600019
Beijing Gehua CATV Network 600037
Beijing North Star 601588
China Citic Bank 601998
China Life Insurance 601628
China Merchants Bank 600036
China Merchants Energy Shipping 601872
China Minsheng Banking 600016
China Petroleum & Chemical 600028
China Shipping Development Company 600026
China United Telecommunications Corporation 600050
China Yangtze Power 600900
Citic Securities 600030
Daqin Railway 601006
Founder Technology Group 600601
GD Power Development 600795
Guangshen Railway Company 601333
Handan Iron & Steel 600001
Hua Xia Bank 600015
Huaneng Power International 600011
Industrial and Commercial Bank of China 601398
Industrial Bank 601166
Inner Mongolia BaoTou Steel Union 600010
Inner Mongolia Yili Industrial Group 600887
Jiangxi Copper 600362
Jiangxi Ganyue Expressway 600269
Kweichow moutai 600519
Long March Launch Vehicle Technology 600879
Offshore Oil Engineering 600583
Orient Group 600811
Ping An Insurance 601318
Poly Real Estate Group 600048
SAIC Motor 600104
Shanghai International Airport 600009
Shanghai International Port (Group) 600018
Shanghai Oriental Pearl 600832
Shanghai Petrochemical 600688
Shanghai Pudong Development Bank 600000
Shanghai Zhenhua Port Machinery 600320
Shenergy Company 600642
Sichuan Hongda 600331
Tianjin Port 600717
Tsinghua Tongfang 600100
Wuhan Iron and Steel 600005
Yantai Wanhua Polyurethanes 600309
Youngor Group 600177

See also[edit]

References[edit]

External links[edit]