China Stock Market Research

History

In China, stock trading first started in Shanghai. The first trades are going back to the 1860s. In 1891 the Shanghai Stockbroker Association was established. This was the start of regulatedChinese stock markets. Later in 1920 and 1921, the “Shanghai Security Goods Exchange” and the “Shanghai Chinese Securities Exchange” started business. Almost10 yars later in 1930, Shanghai became the leading financial city in the far east. During this time, Chinese and Foreign investors were trading stocks, t-bonds and futures. 1946 the “Shanghai Securities Exchange Ltd.” was established on the basis of the “Chinese Security Exchange”. But already three years later the exchange had to stop business because of political changes in China.

Since 1980, under the guidance of Deng Xiaoping, the financial markets developed parallel to the changes and reforms of the Peoples Republic of China. In 1981, trading of treasury bonds resumed and in 1984 also the trading of stocks and corporate bonds were allowed again. The most important trading place was Six years later the Shanghai Stock Exchange (SSE) was officially formed on November 26th 1990. In the same year on December 19th the official trading resumed.

Shanghai Stock Exchange (SSE)

The Shanghai Stock Exchange is a non-profit association and is under the authority of the China Securities Regulatory Commission (CSRC).

Just a couple of years in business, Shanghai became the leading financial market place in Mainland China. The SSE lists most of the companies and stocks, and has the biggest market value and stock trading volume. The year 2007 was very successful for the SSE. The exchange served , more than 71.3 milion investors, 860 listed companies witha total market capitalization of RMB 26.98 trillion and raised capital for RMB 661.6 billion through the SSE. A large number of companies from key industries, infrastructure and high-tech sectors, have not only raised capital, but also improved their operation mechanism through listing on Shanghai stock market.

Contact details:

Shanghai Stock Exchange

Address: 528 South Pudong Road, Shanghai 200120, PR China

Email:  webmaster@secure.sse.com.cn
Web Site: www.sse.com.cn

Tel: 86-21-68808888

Filed under: Shanghai Stock Exchange by CSMR