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; abbreviated 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 on the SSE's website. The top 50 by market cap are listed below (cited at August 3rd 2016).

Constituent Industry SSE number
Agricultural Bank of China Banking 601288
AVIC Aerospace 600893
Bank of Beijing Banking 601169
Bank of China Banking 601988
Bank of Communications Banking 601328
China Citic Bank Banking 601998
China Communications Construction Construction 601800
China Everbright Bank Banking 601818
China Life Insurance Insurance 601628
China Merchants Bank Banking 600036
China Merchants Securities Financial services 600999
China Minsheng Banking Banking 600016
China National Nuclear Corporation Energy 601985
China Northern Rare Earth Mining 600111
China Pacific Insurance Insurance 601601
China Railway Construction Corporation Limited Construction 601186
China Railway Group Rail transport 601390
China Shenhua Energy Company Energy 601088
China Shipbuilding Industry Corporation Shipbuilding 601989
China State Construction Engineering Construction 601668
China Southern Airlines Airline 600029
China Unicom Telecommunication 600050
Citic Securities Financial services 600030
COSCO Transportation 601919
CRRC Corporation Rolling stock 601766
Daqin Railway Rail transport 601006
Everbright Securities Financial services 601788
GD Power Development Energy 600795
Guotai Junan Securities Financial services 601211
Haitong Securities Financial services 600837
Huatai Securities Financial services 601688
Industrial and Commercial Bank of China Banking 601398
Industrial Bank Banking 601166
Industrial Securities Financial services 601377
Inner Mongolia BaoTou Steel Union Steel 600010
Inner Mongolia Yili Industrial Group Dairy 600887
Kangmei Pharmaceutical Pharmaceutical 600518
Kweichow moutai Beverages 600519
New China Life Insurance Insurance 601336
Orient Securities Financial services 600958
PetroChina Oil & gas 601857
Ping An Insurance Insurance 601318
Poly Real Estate Group Real estate 600048
Power Construction Corporation of China Construction 601669
SAIC Motor Automotive 600104
Shanghai Electric Energy 601727
Shanghai Oriental Pearl Tourism 600637
Shanghai Pudong Development Bank Banking 600000
Sinolink Securities Financial services 600109
Sinopec Oil & gas 600028

See also[edit]

References[edit]

External links[edit]