Foundation 15 July 1991; 32 years ago (launch date)19 December 1990 (base date) Shanghai Stock ExchangeChina Securities Index Shanghai Stock Exchange SSE: 000001 all stock (A & B shares) all cap CN¥32.697 trillion (September 2017)[1]CN¥12.727 trillion (free-float adjusted, September 2017)[1] .mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}SSE Mega-CapSSE 50SSE MidCapSSE 180SSE 380 www.csindex.com.cn/en/indices/index-detail/000001
SSE Composite Index
Simplified Chinese上海证券交易所综合股价指数
Alternative Chinese name
Simplified Chinese上证综合指数
Second alternative Chinese name
Simplified Chinese上证综指

The SSE Composite Index also known as SSE Index is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.[2]

There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 180, 50 and 20 companies respectively, and the CSI 300 Index, which includes shares traded at the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

## 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.[2] The Base Value is 100. The index was launched on July 15, 1991.[2]

• The formula is:

Current index = Current total market cap of constituents × Base Value / Base Period

Total market capitalization = Σ (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.

## Annual Returns

The following table shows the annual development of the SSE Composite Index since 1990.[3][4]

Year Closing level Change in Index
in Points
Change in Index
in %
1990 127.61
1991 292.75 165.14 129.41
1992 780.39 487.64 165.57
1993 833.80 53.41 6.84
1994 647.87 −185.93 −22.30
1995 555.28 −92.59 −14.29
1996 917.02 361.74 65.15
1997 1,194.10 277.08 30.22
1998 1,146.70 −43.39 −3.97
1999 1,366.58 219.88 19.18
2000 2,073.48 706.90 51.73
2001 1,645.97 −427.51 −20.62
2002 1,357.65 −288.32 −17.52
2003 1,497.04 139.39 10.27
2004 1,266.50 −230.55 −15.40
2005 1,161.05 −105.44 −8.33
2006 2,675.47 1,514.42 130.43
2007 5,261.56 2,586.09 96.66
2008 1,820.81 −3,440.75 −65.39
2009 3,277.14 1,456.33 79.98
2010 2,808.08 −469.06 −14.31
2011 2,199.42 −608.66 −21.68
2012 2,269.13 69.71 3.17
2013 2,115.98 −153.15 −6.75
2014 3,234.68 1,118.70 52.87
2015 3,539.18 304.50 9.41
2016 3,103.64 −435.54 −12.31
2017 3,307.17 203.53 6.56
2018 2,493.90 −813.27 −24.59
2019 3,050.12 556.22 22.30
2020 3,473.07 422.95 13.87
2021 3,639.78 166.71 4.80
2022 3,089.26 −550.52 −15.03
2023 2,974.93 −114.33 −3.70