It's rare for an economy to grow as fast as China's economy has in the last generation. As a result, the country's economy has become of great interest to many investors. Analysts who want to follow the Chinese stock market and economy can track the indexes of several different stock markets: the Hang Seng Index (HSI), the Shanghai Stock Exchange (SEE) Composite Index, the Shanghai Shenzhen CSI 300 Index, SZSE Composite Index, and the Taiwan Capitalization Weighted Stock Index. Investors can also access figures from the National Bureau of Statistics (NBS) and The Organization for Economic Cooperation and Development (OECD) that give them information about the overall state of the Chinese economy.

Key Takeaways

  • Analysts who want to follow the Chinese stock market and economy can track the indexes of several different stock markets, including the Hang Seng Index, the Shanghai Stock Exchange Composite Index, the Shanghai Shenzhen CSI 300 Index, SZSE Composite Index, and the Taiwan Capitalization Weighted Stock Index.
  • Analysts can also access figures from the National Bureau of Statistics and The Organization for Economic Cooperation and Development that give them information about the overall state of the Chinese economy.

Hang Seng Index

The Hang Seng Index is a market capitalization-weighted index of the largest companies that trade on the Hong Kong Exchange, covering approximately 65% of its total market capitalization. This index is specifically indicative of market trends and companies located in Hong Kong. This index is a benchmark for blue-chip stocks, aiming to capture the leaders of the Hong Kong exchange, and includes four sub-sector indexes in industry, finance, utilities, and real estate investment trusts.

Shanghai Stock Exchange (SSE) Composite Index

The Shanghai Stock Exchange (SSE) Composite Index tracks all stocks (A-shares and B-shares) traded on the Shanghai Stock Exchange. It was launched on July 15, 1991. The indexes are derived from a Paasche-weighted composite price index of Chinese stocks, which measures relative prices overall and is weighted by quantities sold. The SSE Composite Index tracks all stocks traded on the Shanghai Stock Exchange.

Shanghai Shenzhen CSI 300 Index

The Shanghai Shenzhen CSI 300 Index is a market capitalization-weighted stock market index designed to replicate the performance of the top 300 A-share stocks traded in the Shanghai and Shenzhen stock exchanges. The index is taken as indicative of trends in both of these markets and it is considered the blue-chip index for mainland China stock exchanges. This index was launched on April 8, 2005.

SZSE Composite Index

The SZSE Composite Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange. It is the main stock market index of SZSE.

Taiwan Capitalization Weighted Stock Index

The Taiwan Capitalization Weighted Stock Index is an indicator comprised of stocks traded on the Taiwan Stock Exchange (TWSE) based on market capitalization. The index covers all of the listed stocks excluding preferred stocks, full-delivery stocks, and newly listed stocks. The highest weighted stocks have by far the most significant effect on the reading of the entire index. This index was first published in 1967.

National Bureau of Statistics of China

Analysts attempting to track China’s economy commonly study figures released by China's National Bureau of Statistics (NBS). The NBS is responsible for the collection, investigation, research, and publication of statistics concerning China's economy. Although its accuracy is often questioned, the NBS measures gross domestic product (GDP) through three different sectors: agriculture, construction and manufacturing, and services. All of its statistics are published on its website, including monthly, quarterly, and annual data of price indexes.

The Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development (OECD) is a Paris-based group that provides a monthly Composite Leading Indicator (CLI) for China’s economy, designed to provide clues about the economic growth of the country. The organization also publishes data on a wide range of indicators, including agriculture, development, economy, education, energy, environment, finance, government, health, innovation and technology, jobs, and society.