This article was written 1060 days ago and last revised 1060 days ago. Some of the information may be outdated.
Wide base index and narrow base index
The first day I officially started to work and do things. I didn't expect the pressure to be so great. When I wrote this blog, I still felt like a stone in my heart. I hope to gradually adapt to this pressure!!
Broad base index
It covers a wide range of stocks and does not limit which industries to invest in. A fairly representative index is the broad base index
A-share broad base index includes CSI 500 Index, SSE 50 Index, CSI 300 Index, GEM Index, etc
SSE 50 Index : Select 50 most representative stocks with large scale and good liquidity in Shanghai Stock Exchange to form sample stocks.
GEM Index : From the GEM listed companies, select the largest and most liquid 100 stocks, the NASDAQ 100 index of A-share.
CSI 300 Index : 300 stocks with the largest scale and best liquidity are selected from Shanghai Stock Exchange and Shenzhen Stock Exchange.
CSI 500 Index : After deducting the sample stocks of the CSI 300 Index and the stocks with the top 300 daily average market capitalization in the last year, the top 500 companies with the top 500 daily average market capitalization are selected as the sample stocks of the CSI 500 Index.
CSI 800 Index : CSI 800 includes CSI 300 and CSI 500, which are the top 800 enterprises in the Shanghai and Shenzhen Stock Exchanges. It can be understood as the medium and large cap stocks in the Shanghai and Shenzhen Stock Exchanges.
CSI 1000 Index : CSI 1000 is the 801st - 1800th enterprise in the head of the Shanghai and Shenzhen Stock Exchanges. It is the 1000 enterprises after removing the top 800 enterprises in the Shanghai and Shenzhen Stock Exchanges, excluding CSI 800. It can be understood as a small cap stock in the Shanghai and Shenzhen Stock Exchanges.
Market type |
Exponential style |
Representative index |
Index definition |
Exponential characteristic |
Single market wide base |
Market |
Shanghai Securities 50 |
50 stocks with the largest market value in Shanghai |
High proportion of blue chips and finance |
|
Small disk |
GEM Index |
100 GEM with the largest market value |
Science, technology and medicine industry has significant characteristics, and some enterprises have large market value |
Broad base across markets |
Market |
CSI 300 |
Top 300 stocks in A-share market value |
The industry composition is relatively balanced |
|
Middish |
CSI 500 |
500 stocks with A-share market value after 300 in Shanghai and Shenzhen |
Cycle+growth characteristics |
|
Small disk |
CSI 1000 |
1000 stocks with A-share market value after CSI 500 |
Obvious growth of small stock |
Narrow base index
Narrow base index. Compared with broad base index, investment is concentrated on a certain sector or concept, and the risk will be higher
Industry index
Consumption, liquor, medical, banking, securities, military, new energy, science and technology, infrastructure, etc
See China Securities Index Series
China Securities Consumption
Chinese liquor
Chinese medicine
Theme index
The Belt and Road Initiative
SOE reform
Hongmeng concept
Ningde index
Mao Index
To sum up
reference material
- Wide basis vs narrow basis
- How to select broad base index
- Investment Guide for Broad Base Funds
- What are narrow based index funds - Lin Guibo's blog