SSE Composite

AAA

DEFINITION of 'SSE Composite'

A market composite made up of all the A-shares and B-shares that trade on the Shanghai Stock Exchange. The index is calculated by using a base period of 100; the first day of reporting was July 15, 1991.

The composite figure can be calculated by using the formula:

SSE Composite



INVESTOPEDIA EXPLAINS 'SSE Composite'

The SSE Composite is a good way to get a broad overview of the performance of companies listed on the Shanghai exchange. More selective indexes, such as the SSE 50 Index and SSE 180 Index, show market leaders by market capitalization.

Over time, it is likely that the SSE Composite will closely resemble the overall economy of China; there are still many large, state-run companies that have yet to go public in sectors such as banking, energy and healthcare.

RELATED TERMS
  1. Base Period

    A particular time period for which data is gathered and used ...
  2. Foreign Invested Enterprise - FIE

    Any one of a number of legal structures under which a company ...
  3. Shanghai Stock Exchange

    The largest stock exchange in mainland China, the Shanghai Stock ...
  4. A-Shares

    Shares in mainland China-based companies that trade on Chinese ...
  5. B-Shares

    Shares in companies based in mainland China that trade on either ...
  6. Subprime Meltdown

    The sharp increase in high-risk mortgages that went into default ...
Related Articles
  1. Investing In China
    Investing Basics

    Investing In China

  2. Globalization: Progress Or Profiteering?
    Economics

    Globalization: Progress Or Profiteering?

  3. Getting Into International Investing ...
    Mutual Funds & ETFs

    Getting Into International Investing ...

  4. What Is An Emerging Market Economy?
    Economics

    What Is An Emerging Market Economy?

comments powered by Disqus
Hot Definitions
  1. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
Trading Center