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, in the People's Republic of China. It is one of two stock exchanges operating independently in Mainland 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
SZSE logo.png
Shenzhen Stock Exchange 2014.jpg
TypeStock exchange
LocationShenzhen, China
Founded1987 (unofficially) [1]
1 December 1990 (formally)
3 July 1991 (opened)
Key peopleWu Lijun(Chairman)
Wang Jianjun (President and CEO)
CurrencyCNY
No. of listings1,420 (May 2011)
Market capUS$3.51 trillion (March 2019)[2]
VolumeUS$2.7 trillion (Dec 2009)
Indices
Websitewww.szse.cn
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.

HistoryEdit

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.[9][10]

ChiNextEdit

The exchange opened the ChiNext board (Chinese: 创业板),[11] a NASDAQ-type exchange for high-growth, high-tech start-ups, on October 23, 2009.[12]

Market dataEdit

(As of June 2015)[13]

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.[14] 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 [15][16] and construction by The Second Construction Co., Ltd of China Construction Third Engineering Bureau, a subsidiary of China State Construction Engineering Corporation.

See alsoEdit

ListsEdit

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 2011-02-09 at the Wayback Machine
  3. ^ a b "Shenzhen Stock Exchange s". www.shenzhen-stock.exchange. Shenzhen Stock Exchange. Retrieved 3 March 2016.
  4. ^ a b c "Overview". Shenzhen Stock Exchange. Retrieved 2020-05-03.
  5. ^ Walter, Carl E. (2014). "Was Deng Xiaoping Right? An Overview of China's Equity Markets". Journal of Applied Corporate Finance. 26 (3): 8–19. doi:10.1111/jacf.12075. ISSN 1745-6622.
  6. ^ "邓小平南巡讲话:奠定中国证券市场发展的春天_中国改革论坛网". www.chinareform.org.cn. Retrieved 2020-05-02.
  7. ^ "国务院办公厅关于将上海证券交易所和深圳证券交易所划归中国证监会直接管理的通知". www.gov.cn (in Chinese). Retrieved 2020-05-03.
  8. ^ "CHINA SECURITIES REGULATORY COMMISSION - Shenzhen Branch". www.csrc.gov.cn. Retrieved 2020-05-03.
  9. ^ "Shenzhen Stock Exchange". Retrieved 27 January 2017.
  10. ^ "深圳证券交易所". Retrieved 27 January 2017.
  11. ^ "Shenzhen Stock Exchange". Retrieved 27 January 2017.
  12. ^ http://www.shenzhen-stock.exchange. Missing or empty |title= (help)
  13. ^ World Federation of Exchanges, July 2008 market statistics
  14. ^ "Shenzhen Stock Exchange". The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved November 21, 2014.
  15. ^ "Shenzhen Stock Exchange Project". oma.eu/projects/shenzhen-stock-exchange. OMA EU Projects. Retrieved 3 March 2016.
  16. ^ "Shenzhen stock exchange building". www.nleworks.com. NLE works. Retrieved 3 March 2016.

External linksEdit