The Shanghai Stock Exchange B-share Index is an index of all stocks traded on the Shanghai Stock Exchange which are “B-shares”. B-shares are denominated in foreign currency and are open to foreign investors, unlike A-shares which are denominated in Renminbi and are reserved for domestic investors. The B-share index was started on July 1, 1991 with a base value of 100.
The index only contains stocks which are listed in the B-share category, meaning those which are traded in foreign currency. The stocks are weighted according to their market capitalization. The total market capitalization of the B-share index is a useful measure of foreign investment in the Shanghai Stock Exchange.
At present, there are approximately 200 stocks in the B-share index, with a total market capitalization of approximately US$7.6 billion. The largest company included in the index is China Resources Telecom Group, which has a market capitalization of US$1.1 billion.
The index is a useful tool for investors looking to assess the performance of foreign investors in the Shanghai Stock Exchange. It is useful for comparing the performance of the Chinese stock market to other international markets. The index has experienced strong performance in recent years, with its highest level being 1075.4 in April 2010.
The B-share index is part of the Shanghai Stock Exchange Composite Index, which is an index of all stocks traded on the exchange. The SSE Composite is one of the most widely watched market indices in China and has experienced strong performance in recent years, with its highest level being 3316.4 in April 2010.
The B-share index is also part of the SSE 50 Index, which tracks the performance of the 50 most heavily traded stocks on the exchange. This index has also performed well over the past few years, reaching a high of 2271.3 in April 2010.
The performance of the B-share index is also useful for investors in other countries looking to assess the performance of the Chinese stock market. Over the past few years, the index has outperformed other international indices including the US Dow Jones Industrial Average and the Tokyo Nikkei Index.
The B-share index provides investors with an excellent opportunity to capitalize on foreign investment in China and to benefit from the stability and growth of the Chinese economy. With the Chinese economy expected to continue to grow in the coming years, investments based on the performance of the B-share index are likely to yield good returns.