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BENCHMARK INDICES

STOXX China A 900

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Index Description

STOXX global benchmark indices provide a broad yet liquid representation of different regions and countries. The indices are derived from their respective Total Market Index (TMI). They are weighted according to free-float market cap and cover about 95% of the free-float market cap of the relevant region or country.

Key facts

  • Broad and liquid benchmarks for market regions and countries worldwide
  • Broad number of components
  • Serve as benchmarks for their respective regions/actively managed funds
  • Serve as an underlying for a variety of financial products, are used for academic research and receive wide media coverage

Descriptive Statistics

Index Market Cap (CNY bn) Components (CNY bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX China A 900 50,870.5 23,776.7 26.4 12.4 881.5 4.8 3.7 0.0 6.3
STOXX China A Total Market 60,971.3 28,866.8 11.6 4.3 881.5 0.3 3.1 0.0 4.0

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
STOXX China A 900 -1.4 13.1 9.5 -13.6 15.6 N/A N/A 9.6 -4.8 3.0
STOXX China A Total Market 0.0 10.8 8.0 -10.7 19.3 N/A N/A 8.1 -3.7 3.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX China A 900 N/A N/A 19.9 17.8 18.5 N/A N/A 0.4 -0.4 0.1
STOXX China A Total Market N/A N/A 20.8 18.0 18.5 N/A N/A 0.2 -0.3 0.1
Index to benchmark Correlation Tracking error (%)
STOXX China A 900 1.0 1.0 1.0 1.0 1.0 2.4 3.2 3.0 2.3 2.1
Index to benchmark Beta Annualized information ratio
STOXX China A 900 1.0 0.9 0.9 1.0 1.0 -7.2 0.7 0.4 -0.5 -0.3

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(CNY, Gross Return), all data as of October 31, 2024

BENCHMARK INDICES

STOXX China A 900

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
STOXX China A 900 16.8 13.8 15.1 15.1 1.4 3.0 1.0 44.8
STOXX China A Total Market 20.0 14.1 15.9 15.9 1.5 2.8 1.0 40.1

Performance and annual returns

Methodology

The universe is the relevant Total Market Index (TMI). All stocks in the index universe are ranked by free-float market cap to produce the index selection list. Target coverage: 95% of the free-float market cap of the index universe. The detailed methodology including the calculation formula can be found in our rulebook : www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return CNY CH0198387760 SXCNA9GC .SXCNA9GC
Net Return CNY CH0198387737 SXCNA9C SXCNA9C INDEX .SXCNA9C
Price CNY CH0198387703 SXCNA9N .SXCNA9N
Gross Return EUR CH0198387745 SXCNA9GR .SXCNA9GR
Price EUR CH0198387687 SXCNA9P .SXCNA9P
Net Return EUR CH0198387711 SXCNA9R .SXCNA9R
Price USD CH0198387695 SXCNA9T .SXCNA9T
Gross Return USD CH0198387752 SXCNA9GV .SXCNA9GV
Net Return USD CH0198387729 SXCNA9V .SXCNA9V
Gross Return HKD CH0216250719 SXCNA9GK .SXCNA9GK
Net Return HKD CH0216250727 SXCNA9K .SXCNA9K
Price HKD CH0216253473 SXCNA9H .SXCNA9H

Quick Facts

Weighting Free-float market cap
Cap Factor 20%
No. of components Fixed component (exact number indicated in index name)
Review frequency Quarterly, in Mar., Jun., Sep., Dec.
To learn more about the inception date, currency versions, calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
Moutai 'A' Food, Beverage and Tobacco China 3.707%
PING AN INSUR GP CO. OF CN 'A' Insurance China 2.305%
CHINA MERCHANTS BANK 'A' Banks China 1.921%
CHINA YANGTZE PWR. 'A' Utilities China 1.496%
MIDEA GROUP 'A' Consumer Products and Services China 1.447%
Ind Bank 'A' Banks China 1.242%
BYD 'A' Automobiles and Parts China 1.114%
CITIC Securities 'A' Financial Services China 1.097%
Wuliangye 'A' Food, Beverage and Tobacco China 1.080%
ZIJIN MINING GROUP 'A' Basic Resources China 1.026%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of October 31, 2024

BENCHMARK INDICES

STOXX China A 900

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.