The SSE Composite Index (Chinese

Chinese language

The Chinese language is a language or language family consisting of varieties which are mutually intelligible to varying degrees. Originally the indigenous languages spoken by the Han Chinese in China, it forms one of the branches of Sino-Tibetan family of languages...

: 上海证券交易所综合股价指, 简称上证综指) is an index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange

Shanghai Stock Exchange

The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...

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Weighting and calculation

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

The full list of all constituent stocks can be found at SSE or at Yahoo! Finance. The
top 50 by market cap are listed below. See also http://www.sse.com.cn/sseportal/en_us/ps/ggxx/zsjbxx.jsp?indexName=&indexCode=000016.

• Air China
  Air China
  Air China is the flag carrier and one of the major airlines of the People's Republic of China. Based in Beijing Capital International Airport, Air China is the world's 10th largest airline by fleet size. The airline ranked behind its main competitors China Southern Airlines and China Eastern...
  
  
• Aluminum Corporation of China
• Bank of China
  Bank of China
  Bank of China Limited is one of the big four state-owned commercial banks of the People's Republic of China. It was founded in 1912 by the Government of the Republic of China, to replace the Government Bank of Imperial China. It is the oldest bank in China...
  
  
• Bank of Communications
  Bank of Communications
  Bank of Communications Limited , founded in 1908, is one of the largest banks in China.-Before 1949:The Bank of Communications was founded in 1908 and emerged as one of the first few major national and note-issuing banks in the early days of the Republic of China...
  
  
• Baoshan Iron & Steel
  Baosteel
  Shanghai Baosteel Group Corporation , commonly referred to as Baosteel is a state-owned iron and steel company headquartered in Shanghai, China....
  
  
• Beijing Gehua CATV Network
• Beijing North Star
  Beijing North Star
  Beijing North Star Company Limited is a state-owned conglomerate enterprise in Beijing, China. It is engaged in property management, property development and retailing. It was established in 1997. Its H shares were listed on the Hong Kong Stock Exchange in 1997 and its A shares were listed on the...
  
  
• China Citic Bank
  China CITIC Bank
  China CITIC Bank is China’s seventh-largest lender in terms of total assets. It is formerly known as CITIC Industrial Bank. China CITIC Bank, established in February 1987, is a nationally comprehensive and internationally oriented commercial bank...
  
  
• China Life Insurance
• China Merchants Bank
  China Merchants Bank
  China Merchants Bank is a bank headquartered in Shenzhen, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities.CMB has over five hundred branches in mainland China and one in Hong Kong...
  
  
• China Merchants Energy Shipping
  China Merchants Energy Shipping
  China Merchants Energy Shipping Company Limited , parented by China Merchants Group, is engaged in shipping industry, including tanker transportation, bulk cargo vessel transportation. Other businesses include training for sailors and sales of electronic ship machinery...
  
  
• China Minsheng Banking
• China Petroleum & Chemical
• China Shipping Development Company
• China United Telecommunications Corporation
  China Unicom
  China Unicom or China United Netcom Ltd , is a Chinese state-owned telecommunications operator in the People's Republic of China.-History:...
  
  
• China Yangtze Power
  China Yangtze Power
  China Yangtze Power is a Chinese utilities company, headquartered in Beijing. The company is listed on the SSE 50 Index on the Shanghai Stock Exchange. A controlling share is held by the parent company China Three Gorges Corporation , a Central Enterprise under SASAC.The enterprise produces and...
  
  
• Citic Securities
  CITIC Securities
  CITIC Securities Company Limited is engaged in securities business in China, including securities brokerage, investment banking, asset management, securities investment, stock and bond trading, stock market research and consulting services. It was established in 1999 and it is headquartered in...
  
  
• Daqin Railway
  Daqin Railway
  Daqin Railway , also known as the Daqin Line , is a 653 km coal-transport railway in north China. Its name is derived from its two terminal cities, Datong, a coal mining center in Shanxi province, and Qinhuangdao, of Hebei province, on the Bohai Sea.The railway also passes through the...
  
  
• Founder Technology Group
  Founder Group
  Founder Group is a major Chinese technology conglomerate that deals with information technology and pharmaceuticals. Its subsidiary Founder Technology Group is the second-largest personal computer vendor in China. Its motto is "世界在变 创新不变", which translates roughly to "The world is changing;...
  
  
• GD Power Development
• Guangshen Railway Company
• Handan Iron & Steel
• Hua Xia Bank
  Hua Xia Bank
  Hua Xia Bank is a state-controlled publicly traded bank in the People's Republic of China. It is based in Beijing and was founded in 1992. Germany's Deutsche Bank holds 19.99% of the bank's shares as of 2010.- External links :*...
  
  
• Huaneng Power International
  Huaneng Power International
  Huaneng Power International Inc. , or Huaneng, was established in 1994 administrated by the State Council of the People's Republic of China. It is one of the five largest power producers in China. It engages in the development, construction and operation of large power plants...
  
  
• Industrial and Commercial Bank of China
  Industrial and Commercial Bank of China
  Industrial and Commercial Bank of China Ltd. is the largest bank in the world by profit and market capitalization. It is one China's 'Big Four' state-owned commercial banks .It was founded as a limited company on January 1, 1984...
  
  
• Industrial Bank
  Industrial Bank (China)
  Industrial Bank was the old short name that was more commonly used in China from June 2001 until March 3, 2003 for Industrial Bank Co.The former Fujian Industrial Bank was established on August 26, 1988, and had its first name change in June 2001, renaming itself as Fujian Industrial Bank...
  
  
• Inner Mongolia BaoTou Steel Union
• Inner Mongolia Yili Industrial Group
• Jiangxi Copper
  Jiangxi Copper
  Jiangxi Copper , is the largest copper producer in Mainland China. Its operations include copper mining, milling, smelting and refining to produce copper-related products, including pyrite concentrates, sulfuric acid and electrolytic gold and silver. Its chairman is Mr...
  
  
• Jiangxi Ganyue Expressway
• Kweichow moutai
  Kweichow Moutai Company
  Kweichow Moutai Company Limited is a state-owned enterprise in China, specializing in the production and sales of Maotai liquor, together with the production and sale of beverage, food and packaging material, development of anti-counterfeiting technology, research and development of relevant IT...
  
  
• Long March Launch Vehicle Technology
  Long March Launch Vehicle Technology
  Long March Launch Vehicle Technology Co. Ltd. is an aerospace company under China Aerospace Science and Technology Corporation. It is based in Beijing....
  
  
• Offshore Oil Engineering
• Orient Group
  Orient Group
  Orient Group Incorporation is a private-owned conglomerate engaged in finance, trading, construction, port, industry, tourism and property development. It is headquartered in Harbin, Heilongjiang, China. It was listed on the Shanghai Stock Exchange in 1994 and it is the first Heilongjiang-based A...
  
  
• Ping An Insurance
  Ping An Insurance
  Ping An , full name Ping An Insurance Company of China, Ltd. is a holding company whose subsidiaries mainly deal with insurance and financial services. The company was founded in 1988 and has its headquarters in Shenzhen.-Business:...
  
  
• Poly Real Estate Group
• Shanghai Automotive
• Shanghai International Airport
  Shanghai International Airport
  -Major international airports:* Shanghai Pudong International Airport* Shanghai Hongqiao International Airport...
  
  
• Shanghai International Port (Group)
  Shanghai International Port (Group)
  Shanghai International Port Co., Ltd. or SIPG is the exclusive operator of all the public terminals in the Port of Shanghai. It is a SSE 50 company. Its headquarters are in Shanghai.-External links:*...
  
  
• Shanghai Oriental Pearl
• Shanghai Petrochemical
  Shanghai Petrochemical
  Shanghai Petrochemical ,, , full name Sinopec Shanghai Petrochemical Company Limited , the subsidiary company of Sinopec, is one of the largest petrochemical enterprises in Mainland China. It is engaged in productions of ethylene, fiber, resin and plastics. The company is registered in Shanghai...
  
  
• Shanghai Pudong Development Bank
  Shanghai Pudong Development Bank
  Shanghai Pudong Development Bank Co. Ltd , incorporated on January 9, 1993 with the approval of the People's Bank of China , is a joint-stock commercial bank with its headquarters located in Shanghai....
  
  
• Shanghai Zhenhua Port Machinery
• Shenergy Company
  Shenergy Company
  Shenergy Company Limited was reorganized from Shenneng Electric Power Company in 1992. It is engaged in the investments of electricity, petroleum and natural gas. It invests in Shanghai Waigaoqiao Electric Power Generating Company Limited and Wujing Thermal Power Plant with Shanghai Electric Power...
  
  
• Sichuan Hongda
• Tianjin Port
• Tsinghua Tongfang
• Wuhan Iron and Steel
  Wuhan Iron and Steel
  Wuhan Iron and Steel Corp. Gōngsī) was founded in 1958 in Qingshan, Wuhan, Hubei, China. It was China's first supergiant iron and steel complex. Annually, the company produces ten million tons of iron and steel each...
  
  
• Yantai Wanhua Polyurethanes
• Youngor Group
  Youngor Group
  Youngor Group Company Limited is a private textiles and clothing enterprise in Ningbo, Zhejiang, China. It is engaged in designing, manufacturing, selling clothing products with its "Youngor" Brand for gentleman clothing...
  
  

See also

• Leading stock
  Leading stock
  Leading stock , which is usually applied to the stock market of Mainland China and Hong Kong, means stock of a certain company which has leading status in their business field, including scope, market share, market capital, turnover and profit. Sometimes, leading stock may lead or influence prices...
  
  
• SZSE Component Index
  SZSE Component Index
  The SZSE Component Index is an index of 40 stocks that are traded at the Shenzhen Stock Exchange.- Constituents :The full list of all constituent stocks can be found at .- See also :* SSE Composite Index...
  
  
• Hang Seng Index
  Hang Seng Index
  The Hang Seng Index is a freefloat-adjusted market capitalization-weighted stock market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong...
  
  
• Taiwan Capitalization Weighted Stock Index
  Taiwan Capitalization Weighted Stock Index
  Taiwan Capitalization Weighted Stock Index is a stock market index for companies traded on the Taiwan Stock Exchange . TAIEX covers all of the listed stocks excluding preferred stocks, full-delivery stocks and newly listed stocks, which are listed for less than one calendar month...
  
  

External links

• Realtime chart at Sina.com
• ^SSEC: Summary for SSE COMPOSITE - Yahoo! Finance
• Shanghai Composite Index Profile at Wikinvest