Over the years, it has been deemed the Chinese counterpart of the S&P 500 index and a better gauge of the Chinese stock market than the more traditional SSE Composite Index.
[2] It is considered to be a blue chip index for Mainland China stock exchanges.
[3] As of January 25, 2024, the index is on a multiple-year decline, hitting 5 year lows.
[4] The following table shows the annual development of the CSI 300 Index since 2005.
[5][6] Moreover, there are the following ten[citation needed] sub-indices, which reflect specific sectors: CSI 300 Index also split into CSI 100 Index and CSI 200 Index for top 100 companies and 101st to 300th companies