The CSI 500 Index is a well-known index in China, and its popularity is comparable to that of CSI 300. Here is a brief introduction to the CSI 500 Index to help you better understand the CSI 500.
CSI 500 Index: specialized investment in small and medium-sized enterprises
The CSI 500 Index is selected from the Shanghai Stock Exchange and the Shenzhen Stock Exchange as the 500 small and medium-sized enterprises with the scale of 301-800. CSI 500 is an index launched together with CSI 300. Among all the enterprises listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange, CSI 300 counted the top 300 largest enterprises, while CSI 500 counted the next 500. CSI 300 plus CSI 500 equals to the top 800 listed enterprises with the largest scale in China.
What are blue chips?
Both SSE 50 and CSI 300 are representatives of large cap stocks, which are usually called blue chips. CSI 500 is the representative of mid cap stocks. Blue chip refers to a large number of chips in the casino, and later refers to a large and influential company. So we know that the Shanghai Stock Exchange 50 Index and the Shanghai Shenzhen 300 Index mainly include such blue chips.
The index funds tracking the CSI 500 index include: OTC fund CSI 500ETF and OTC fund CSI 500ETF link.
