Shanghai Stock Exchange
Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) was founded on Nov. 26th, 1990. It is a self-regulatory organization directly governed by the China Securities Regulatory Commission (CSRC).
The SSE’s major responsibilities and functions include: providing the marketplace, facilities and services for securities trading, formulating and revising exchange business rules, reviewing and arranging listings, deciding the suspension, resumption, termination and relisting of securities, facilitating the transfer of non-public-issued securities, organizing and monitoring securities trading. It also regulates members, listed companies and their relevant parties responsible for information disclosure and intermediaries providing services for the listing and trading of securities. The exchange manages and publicizes market information, conducts investor education and protection. It also performs other functions permitted, authorized or consigned by the CSRC.
The departments and offices of the SSE include Executive Office (CPC Committee Office, Board of Governors Office and Board of Supervisors Office), Human Resources Department (CPC Organizational Department), CPC Development Office (CPC Publicity Department), Disciplinary Inspection Office, Trading Management Department, Offering and Listing Center, Listed Company Supervision Department I, Listed Company Supervision Department II, Enforcement Department, Membership Department, Bond Market Center, Global Business Development Department, Derivatives & Funds Market, Market Surveillance Department I, Market Surveillance Department II, Legal Affairs Department, Investor Education & Corporate Training Department, Chief Engineer’s Office, Information Management Department, Beijing Center, Finance Department, Risk Control and Internal Audit Department, Capital Market Institute, FTZ Trading Platform Preparation Team, SSE New Building Construction Project Team, and Huaqiao Base Team. The SSE is also the holding company of the SSE Technology Co., Ltd., the SSE InfoNet Co., Ltd., and the SSE Financial Administration Service Co., Ltd. Through proper work allocation and coordination, the SSE effectively plays the role of securities market organizer and regulator. In addition, the SSE also holds shares of 17 companies and institutions.
After 28 years of rapid growth, SSE has developed into a comprehensive exchange with stocks, bonds, funds and derivatives products, world-class exchange system and communication infrastructure, and effective self-regulatory system. With these advantages, the scale of the Shanghai securities market and the number of investors are growing fast.
There are four categories of securities traded on the SSE market: stocks, derivatives, bonds and funds. As of the end of 2017, the SSE has altogether 1388 listed companies with the total market capitalization of 33.02 trillion RMB. The total turnover value is 47.12 trillion RMB and the total amount of fund raised is 710.1 billion RMB. The total number of listed stock option contacts is 390. The number of traded contracts reached 16012, with a turnover value of 4.16 trillion RMB. The number of listed cash bond is 10245, with the total outstanding amount at 7.23 trillion RMB and a total turnover value of 227.27 trillion RMB. The number of listed funds is 200, with a market value of 344.4 billion RMB and a turnover value of 6.88 trillion RMB.
