Prepared and published by SSE, SSE indices are the authoritative statistical indices widely followed and used at home and abroad to measure the performance of China's securities market. SSE Index Series consists of 75 indices, including 69 equity indices, 5 bond indices and 1 fund index, covering several series such as market-size, sector, style, strategy and thematic series and becoming a continuous improved index system.
SSE Composite Index takes December 19, 1990 as the base day and the total market capitalization of all the listed stocks on the same day as the base period, with a base of 100 points. It was published from July 15, 1991 and is the most widely used index in China's securities market.
In June 2002, SSE restructured the original SSE 30 Index and renamed it SSE 180 Index. SSE 180 Index selects 180 of the most representative stocks listed on SSE based on sector representation, size and liquidity to reflect the overall situation and operation of Shanghai securities market and serve as performance benchmark as well as underlying instrument for financial derivatives. SSE 50 Index includes 50 of the largest, highly liquid and most representative SSE-listed stocks and reflects the performance of a number of leading and most influential enterprises in Shanghai securities market.
The launch of SSE 380 index, SSE Mega-cap Index, SSE Small-cap Index, SSE Mid-cap Index, SSE Small- & Mid-cap Index, and SSE Large & Mid & Small Cap Index constitutes the SSE Market-size Index Series, along with the existing SSE 180 Index and SSE 50 Index. Of which, SSE 180 Index is mainly for emerging blue-chip stocks, reflecting the overall performance of non-traditional blue-chips stocks issued by companies characterized by moderate size, rapid growth and high profit. SSE 380 Index, SSE 180 Index and SSE 50 Index jointly make up of the main blue-chip stock index on the Shanghai Market.
SSE Sector Index Series consist of 10 primary sector indices and reflect the overall performance of stocks from different sectors in Shanghai securities market respectively. SSE Style Index Series include SSE 180 Style Index Series and SSE All-share Style Index Series and reflect the overall performance of stocks in SSE 180 Index and SSE Large & Mid & Small Cap Index with different styles. SSE Strategy Index Series consist of 11 indices such as SSE Sector Classification Index and SSE Large-Cap Index. Weight method has been introduced into SSE Indices for the first time.
SSE Thematic Index Series currently comprises 21 indices, i.e., SSE Dividend Index, SSE 180 Financial Index, SSE Corporate Governance Index, SSE 180 Corporate Governance Index, SSE 180 Infrastructure Index, SSE 180 Natural Resource Index, SSE 180 Transportation Index, SSE Social Responsibility Index, SSE Cyclical Industry 50 Index, SSE Non-cyclical Industry 100 Index, SSE Shanghai Enterprises Index, SSE Industry Top Index, SSE Overseas-listing A Share Index, SSE Central SOEs 50 Index, SSE Private Enterprises 50 Index, SSE Local SOEs 50 Index and SSE SOEs 100 Index.
SSE Enterprise Bond 30 Index selects 30 of the high-quality, largest and most liquid enterprise bonds. It is China's first constituent bond index that is published on a real time basis and thus has profound significance for the development of the bond market.
SSE Index Series measures the market trends in Shanghai securities market in general or from different dimensions and can reflect the performance and price movement of companies across a diverse range of industries. It offers investors different benchmarks for portfolio analysis.With the securities market set to play an increasingly important role in the national economy, SSE Indices will gradually become a barometer of the Chinese economy.
To ensure the indices are based on scientific methodology, SSE established China's first index expert committee to provide advisory opinions on index construction and selection of constituent stocks.