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The SHGA.X index refers to the Shanghai Composite Index (SHCOMP), which is a stock market index that tracks the performance of all the A-shares and B-shares listed on the Shanghai Stock Exchange. The index is calculated using the market capitalization-weighted method, which means that larger companies have a greater impact on the index’s performance. The SHGA.X index is widely used as a benchmark for the overall performance of the Chinese stock market.

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