China stock market index refers to Shanghai's "Shanghai Composite Index" and Shenzhen's "Shenzhen Stock Index". Shanghai Composite Index: A stock index calculated by the weighted average method based on 1990 65438+February19, with all stocks listed on the Shanghai Stock Exchange (including A shares and B shares) as samples, and with circulation as the weight (including circulating share capital and non-circulating share capital). The market index reflects the strength trend of the whole stock market. Theoretically, the rise and fall of every stock affects the market index, but the heavyweights have a greater impact on the market index, especially the trend of some blue-chip stocks.