Shanghai Stock Exchange

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Shanghai Stock Exchange
Founded	1990
Headquarters	Shanghai, PRC
Key People	Zhu Congjiu, president; Geng Liang, chairman
Products	Cash equities, bonds and ETFs, warrants
Web site	http://www.sse.com.cn/sseportal/en_us/ps/home.shtml

The Shanghai Stock Exchange (SSE) is a non-profit-making membership institution under direct supervision of the China Securities Regulatory Commission (CSRC).

In terms of market capitalization, the SSE is nearly five times the size of another stock exchange in China, Shenzhen Stock Exchange and ranked second in Asia and sixth globally at the end of 2007, and ranked second in Asia and seventh globally by value of shares traded, following a 451 per cent jump ^[1].

History

The SSE was founded on November 26, 1990 and started trading operations on December 19, 1990^[2].

Structure and Regulation

Product Development

The SSE currently hosts 1,146 listed products, including 853 A-Shares, 54 B-Shares, 14 Securities Investment Funds, 63 Spot T-Bonds, 51 T-Bond Repos, and 11 Convertible Bonds^[3].

In 2007, total 2.4 trillion shares worth 30.5 trillion yuan, which translate into 10 billion shares worth 126 billion yuan a day, were traded on the SSE^[4]. At the end of 2007, the SSE has a domestic market capitalization of 17 trillion yuan, up 277% from 2006^[5].

Trading Hours

References

1. ↑ 2007 Market Highlights. WFE. Retrieved on February 11, 2008.
2. ↑ Brief Introduction to SSE. Shanghai Stock Exchange. Retrieved on .
3. ↑ Trading Summaries. Shanghai Stock Exchange. Retrieved on April 30, 2008.
4. ↑ Trading Summary. China Securities Regulatory Commission. Retrieved on January 28, 2008.
5. ↑ A - 1.1 - DOMESTIC MARKET CAPITALIZATION. World Federation of Exchanges. Retrieved on February 5, 2008.