What is the Shanghai Composite Index (SHCOMP)?

The Shanghai Composite Index tracks the biggest and most important public companies in China.

How Does the Shanghai Composite Index (SHCOMP) Work?

The Shanghai Composite Index is similar to the Dow Jones Industrial Average (DJIA) in the U.S.

Why Does the Shanghai Composite Index (SHCOMP) Matter?

The Shanghai Composite Index is one of the most closely watched global benchmarks. Although it was created to track the performance of China's largest companies, investors tend to use it to gauge the health of the entire Chinese economy.

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Paul Tracy
Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 3 million monthly readers.

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