1, SSE 50, and H-share index have similar fundamentals, so in theory, whoever underestimates these two indexes will have more investment value, and the valuation standard is P/E ratio. Two indices with similar fundamentals, if you buy the one with low valuation, the return will be better. In terms of long-term returns, SSE 50 lags far behind the H-share index, because the H-share index has more opportunities to be underestimated. Historically, the H-share index was much lower than the valuation of SSE 50 most of the time. Only during the big bear market of 13- 14 did SSE 50 experience a short-term discount.

2. SSE 50 Index is a standard blue chip index, which can be said to be the blue chip among blue chips. 50 stocks with large scale and good liquidity in Shanghai stock market are selected, which are indexes with market value as the main weight. As one of the three major indexes of A-shares, CSI 300 represents blue-chip stocks, CSI 500 represents small and medium-sized stocks, and SSE 50 represents super-large blue-chip stocks. Among the three, SSE 50 has the lowest valuation (mainly banking stocks). At present, the P/E ratio of SSE 50 is 9. 18, which is undoubtedly underestimated. However, the H-share index is also undervalued, and the current P/E ratio is only 7. 1 1.

3.h-share index (full name: hang seng china enterprises index and State-owned Enterprise Index) The Hang Seng Index was compiled by Hang Seng Index Service Co., Ltd., a wholly-owned subsidiary of Hang Seng Bank. It is a weighted average stock price index with 33 listed stocks in Hong Kong stock market as samples and their liquidity as the weight. It is the most influential stock price index reflecting the price trend of Hong Kong stock market. The index was first published on June 24th 1969+065438+, and the base period was 65438+July 3rd10964, and the base period index was set as 1000. The constituent stocks of the Hang Seng Index are widely represented in the market, and their total market value accounts for about 70% of the total market value of the Hong Kong Stock Exchange. In order to further reflect the price trend of various stocks in the market, the Hang Seng Index began to publish four sub-indices on 1985, and 33 constituent stocks were included in the four sub-indices of artificial commerce, finance, real estate and public enterprises.