The Shenzhen SME Board index (szsme) is an important benchmark index that tracks the performance of the Shenzhen-listed small to medium-sized enterprises in China. The index was launched in March 2002 and is a modified market index.
The Shenzhen SME Board index is comprised of the constituent companies that are listed on the three main boards of the Shenzhen Stock Exchange. These are the SZSE Small & Medium Enterprises Board, SZSE Innovation Board and SZSE Growth Enterprise Market. Currently, there are 381 stocks included in the calculation of the index.
The index aims to reflect the movement of small and medium-sized enterprises listed on the Shenzhen Stock Exchange, to accurately reflect the investment trend of the majority of investors in the SME market and to provide the investors with a reference for the SME market. The base index value of the index is set at 300. The performance of the index is measured against this base number.
To be selected for inclusion in the index, companies must meet certain criteria. Companies must be among the top 300 stocks in terms of market capitalisation, that are listed on the three main boards of the Shenzhen Stock Exchange. Stocks must also meet certain liquidity requirements, and companies must pass other criteria such as profitability and social accountability standards.
The Shenzhen SME Board index is a key indicator of the health of the SME market in China. The performance of the index is closely watched by Chinese media and investors, as it provides an important indicator of the overall performance of the SME sector. It is also used to gauge the economic health of Chinas smaller enterprises. The index is considered to be a good indicator of risk and return of the SME market in China.
The Shenzhen SME Board index is one of the most important benchmarks and has the ability to affect the entire market. It is a key indicator of the performance of the SME market in China and provides investors with an important reference for the market. As such, it is important to understand the trends of the Shenzhen SME Board index in order to gain insight into the current market conditions.