The Shanghai Composite Index 3600 points means the average stock price of the Shanghai Composite Index.

Different points of the Shanghai Composite Index represent different meanings. The Shanghai Composite Index is calculated by the weighted average of each stock in the Shanghai Composite sector and can reflect the overall rise and fall of the sector.

In each index, heavyweight stocks have a greater impact on the index. When heavyweight stocks rise, the index is more likely to rise. When heavyweight stocks fall, the index is more likely to fall.

The earliest index released is a weighted comprehensive stock price index that takes all stocks listed on the Shanghai Stock Exchange as the calculation scope and uses the issuance volume as the weight.

Comprehensively reflects the stock trends of all A-share and B-share listed stocks on the Shanghai Stock Exchange.

The index has been released in real time since July 15, 1991.

Extended information: The introduction of the Shanghai Composite Index is as follows: the weighted calculation is carried out with the number of issued shares of the sample stocks as the weight. Three factors must be considered in the index calculation: sampling, that is, selecting a small number of representative constituent stocks from many stocks; weighting,

Weighted average based on unit price or total value, or unweighted average; calculation program, calculate arithmetic mean, geometric mean, or take into account both price and total value.

The calculation formula is: reporting period index = total market value of constituent stocks in the reporting period / base period × base period index; investors purchasing the Shanghai Composite Index generally refer to purchasing stock index futures or index funds, such as purchasing the Shanghai Composite 50 Index Fund, the Shanghai Composite 180 Index Fund, etc.