Why is the Shanghai and Shenzhen 300 basis point 1000? How was this 1000 determined? Shanghai stock exchange industry classification index. 1 June 9931day, the Shanghai Stock Exchange began to compile and publish. 1 0,000 is a basic value, just like the minimum unit of RMB is 1 yuan, and the minimum unit was 1 0,000 yuan just after liberation. The purpose is for comparison, and it has no special significance. Just like the base point of the Shanghai Composite Index is 100. If the base point at that time was 1000, then the current index is 30000.

The reason why Shanghai and Shenzhen 300 chose 1000 points is mainly because it hopes that there will be no order of magnitude difference with other indexes at that time (base date, 65438 in 2004+3 1 in February), especially the Shanghai Composite Index, so as to ensure future comparability (the Shanghai Composite Index was about 1300 points at that time).

The base points of the five industry indexes are consistent with the Shanghai Composite Index of that day.