Open main menu

Shenzhen Stock Exchange

The Shenzhen Stock Exchange (SZSE; Chinese: 深圳证券交易所) is a stock exchange based in the city of Shenzhen, China. It is one of two stock exchanges operating independently in the People's Republic of China, the other being the larger Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen.[3] With a market capitalization of its listed companies around US$2.285 trillion in 2015, it is the 8th largest stock exchange in the world, and 4th largest in East Asia and Asia.

Shenzhen Stock Exchange
深圳证券交易所
Shenzhen Stock Exchange 2014.jpg
Type Stock exchange
Location Shenzhen, China
Founded 1987 (unofficially) [1]
1 December 1990 (formally)
3 July 1991 (opened)
Key people Wu Lijun(Chairman)
Wang Jianjun (President and CEO)
Currency RMB
No. of listings 1,420 (May 2011)
Market cap US$2.2 trillion (Dec 2011)[2]
Volume US$2.7 trillion (Dec 2009)
Indices
Website www.szse.cn
www.szse.cn/main/en
Shenzhen Stock Exchange
Simplified Chinese 深圳证券交易所
Traditional Chinese 深圳證券交易所
Alternative Chinese name
Chinese 深交所
Shenzhen Stock Exchange (inner view)
Sculpture in front of Shenzhen Stock Exchange
Former site of Shenzhen Stock Exchange
On November 22nd, 1990, the first transaction bell of Chinese security market rang. This is the opening bell of the stock market.

Contents

State-owned companiesEdit

Many of the companies within this market are subsidiaries of companies in which the Chinese government maintains controlling interest.

HoursEdit

The exchange has pre-market sessions from 09:15am to 09:25am and normal trading sessions from 09:30am to 12:30pm and 1:00pm to 3:00pm China Standard Time (UTC+08:00) on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[4][5]

ChiNextEdit

The exchange opened the ChiNext board (Chinese: 创业板),[6] a NASDAQ-type exchange for high-growth, high-tech start-ups, on October 23, 2009.[7]

Market dataEdit

(As of June 2015)[8]

ListingsEdit

BuildingEdit

The Shenzhen Stock Exchange building is a skyscraper with a height of 245.8 metres (806 ft) and 49 floors. Its construction started in 2008 and was finished in 2013.The building was designed by Rem Koolhaas's firm, the Office for Metropolitan Architecture.[9] The building is located at 2012 Shennan Blvd., Futian District.[3] With an area of 200,000 square metres, five high speed elevators and a futuristic design, the partners involved in the design and construction of this sky scraper included Rem Koolhaas, David Gianotten, Ellen van Loon and Shohei Shigematsu [10][11] and construction by The Second Construction Co., Ltd of China Construction Third Engineering Bureau, a subsidiary of China State Construction Engineering Corporation.

See alsoEdit

ReferencesEdit

  1. ^ Chen, Jianxun; Shi, Huici (1 January 2002). "The Evolution of the Stock Market in China's Transitional Economy". Edward Elgar Publishing. Retrieved 27 January 2017 – via Google Books.
  2. ^ World-exchanges.org Archived 2011-02-13 at WebCite
  3. ^ a b "Shenzhen Stock Exchange s". www.szse.cn. Shenzhen Stock Exchange. Retrieved 3 March 2016.
  4. ^ "Shenzhen Stock Exchange". Retrieved 27 January 2017.
  5. ^ "深圳证券交易所". Retrieved 27 January 2017.
  6. ^ "Shenzhen Stock Exchange". Retrieved 27 January 2017.
  7. ^ "深圳证券交易所". Retrieved 27 January 2017.
  8. ^ World Federation of Exchanges, July 2008 market statistics
  9. ^ "Shenzhen Stock Exchange". The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved November 21, 2014.
  10. ^ "Shenzhen Stock Exchange Project". oma.eu/projects/shenzhen-stock-exchange. OMA EU Projects. Retrieved 3 March 2016.
  11. ^ "Shenzhen stock exchange building". www.nleworks.com. NLE works. Retrieved 3 March 2016.

External linksEdit