You’ve probably heard the term “Asian stock” before.

    But do you know what those words actually mean?

    The Asian market is a multi-trillion-dollar industry, with many major players competing for the same shares.

    But they are often lumped together under a single brand, and the names are confusing, so let’s take a closer look at the market and see how it works.

    First, a quick primer on how stocks work in the Asian market First, it’s important to understand the basic structure of the Asian stock market.

    For the purposes of this article, we’re focusing on the three major Asian stock indexes—the Shanghai Composite Index (SCI), the Shanghai All-China Composite Index, and China’s Hang Seng Index (HSI)—which account for nearly 90% of the entire market.

    There are several other indexes out there, such as the Hang Siang Index (HSI), the Shenzhen Composite Index and the Shanghai Gold Index.

    So how do they all work?

    For starters, the SCI is a broad-based index that includes both fixed-income and equities.

    For fixed-earnings securities, it has an average yield of 1.1%, while for equities it’s 0.5%.

    So you can’t just put a long-term bond on the index and expect it to do well.

    Instead, it needs to be a bond that earns high returns over the long term, and be at least 30% undervalued.

    That means it needs some level of risk and has a high correlation with future earnings.

    For equities, there’s a lot of different types of bonds, ranging from fixed-bond stocks (which have the lowest yield, so you’re unlikely to lose money if things go wrong) to bond ETFs (which are more risky, but offer a higher yield).

    And there are lots of different index options to choose from, such a diversified broad-cap index, a stock-fund index, and a cash-market index.

    There’s even a short-term cash-fund ETF, which has the same fund’s fund’s price but it is traded on the secondary market and is thus less risky.

    The Shanghai Composite ETF (SCIE) and the Hang seng Index ETF (HSIE) are two of the biggest investors in the market, and they are the two major players in the Asia-Pacific region.

    The SCI and HSI are the only two major Asian stocks that have a single index—the SCI.

    It’s important for investors to understand how these indexes work.

    SCI Index: The Shanghai Stock Index (SGSI) is the market’s benchmark for the entire Asian market.

    It has a weighted average return of about 2%, which means investors need to do their homework.

    Here’s how it compares to the other indexes: For equals, the SGSI is about 1% below the S&P 500 index.

    For bonds, it is about 9% below, and for cash-markets, it stands at 2% below.

    For long-dated bonds, the SBIE is 1.5% below and for fixed-yield bonds, 0.75% below (the SBI is also called the China Securities Exchange Index (CSEX), which is the Shanghai Stock Exchange).

    So if you are a long time investor in equities and have high risk tolerance, this index is a great place to start.

    For more information on the Shanghai stock index, read “The Shanghai Stock Market: What’s The Deal?”

    The Shanghai All Chinese Composite Index: Another popular benchmark, the Shanghai Composite index is the benchmark for China’s stock market and the market for the rest of the world.

    For investors, it represents the entire global economy.

    It is typically around 1% higher than the SGLI and 0.25% lower than the Hang index.

    Here is how it looks: For bonds and equals: The SGL is 1% above the S+P 500 and the S-P 500.

    For cash-stocks: The cash-stock index is about 0.50% higher and for equals and long-yielding bonds: The long-weighted index is 0.05% higher.

    For security-linked bonds: Bond ETFs and cash-bonds ETFs are often called “categories.”

    They represent the overall market, which is generally a mix of equities (such as government bonds), bonds (such to bonds issued by the government of China), and bonds issued in foreign countries (such the United Kingdom, Japan, Australia, or Canada).

    There are also bonds issued as options on the TSX Venture Exchange (VCEX), and there are options on London Intercontinental Exchange (LII) and S&p 500 index-linked options on Nasdaq OMX and the Hong Kong Stock Exchange.

    In the case of bonds and options, the bonds and the options have different maturity dates and they’re priced in different ways.

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