Performance of the SME Price Index on the SZSE in China 2012-2022
In December 2022, the SME Price Index on the Shenzhen Stock Exchange reached around seven thousand index points which was the historic maximum of the index. The SME Price Index contained the one hundred largest companies traded on the SME Board of the Stock Exchange. As the name suggests, the companies listed on the SME Board are small and medium enterprises that had a consolidated market position and stable profitability. Compared to the ChiNext Board, the SME Board was much less volatile and had stricter listing requirements.