For some friends who have just started to contact the stock market, many indexes are still relatively unfamiliar. For example, some friends are not very clear about the Shanghai and Shenzhen 300 and Shanghai Composite Index. What's the difference between Shanghai and Shenzhen 300 and Shanghai Composite Index?
Shanghai and Shenzhen 300 and Shanghai and Shenzhen 300 Index are financial indicators jointly issued by Shanghai and Shenzhen Stock Exchanges on April 8, 2005, which reflect the compilation objectives and operation status of the Shanghai and Shenzhen 300 Index. Taking scale and liquidity as the two basic criteria for sample selection, 300 large-scale, well-managed and well-liquidity company stocks are selected for compilation.
Shanghai and Shenzhen 300 reporting period index = adjusted market value of constituent stocks during the reporting period/adjusted market value of constituent stocks on the base date × base date index.
Shanghai Composite Index, published by Shanghai Stock Exchange, all its sample shares are listed on Shanghai Stock Exchange, including not only ordinary A shares, but also a small number of existing B shares, reflecting the changes in the prices of listed stocks on Shanghai Stock Exchange.
Stock price index of Shanghai Stock Exchange Index = total market value of stocks on the current day/total market value of stocks in the base period × 100.
It can be seen that the difference between Shanghai and Shenzhen 300 and Shanghai Composite Index is concentrated in the difference of stock range. The Shanghai and Shenzhen 300 only includes 300 high-quality stocks listed on the Shanghai and Shenzhen Stock Exchanges, while the Shanghai Composite Index includes all stocks listed on the Shanghai Stock Exchange. In addition, the CSI 300 can better represent the development of high-quality enterprises in China.
Looking for differences from the comparison of indexes, I want to tell you that the change of the Shanghai and Shenzhen 300 Index will be stronger than that of the Shanghai Composite Index. Simply through the comparison of trading volume, its moving average is ahead of the Shanghai Composite Index, so I still go back to what I said before. The trend of the Shanghai and Shenzhen 300 Index is stronger than that of the Shanghai Composite Index. What we really want to judge is the Shanghai and Shenzhen 300 Index.
Science and technology innovation board's inclusion in the index to inject funds into the Shanghai Composite Index is the biggest long-term positive for the Shanghai Composite Index. The stock market itself is driven by funds. With huge funds, the index can have a healthier market.
Based on the above information, there is still a big difference between the Shanghai Composite Index and the Shanghai and Shenzhen 300 Index. I hope this article can help everyone!