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SHANGHAI STOCK EXCHANGE [SSE]

Shanghai Stock Exchange [SSE]
The Shanghai Stock Exchange [SSE] is the first stock Exchange in People’s Republic of China under the direct Governance of China Securities Regulatory Commission [CSRC] located in Shanghai, China. SSE had an old history but re-established on 26th November, 1990 but operation started on Dec.19th 1990. The Shanghai Stock Exchange has become the most important and prime stock market in the PRC in terms of number of listed companies, number of shares listed, total market value etc... And one of the major international and one of the main Asian stock Exchange.

The Shanghai Stock Exchange events to realize a variety of functions: providing marketplace and facilities for the securities trading; formulating business rules and policies, accepting and arranging listings, organizing and monitoring securities trading, regulating members and listed companies, managing and disseminating market information. Shanghai Stock Exchange is the main Stock Exchange among the three stock exchanges operating in PRC other two exchanges are Shenzhen Stock Exchange and the Hong Kong Stock Exchange.

 

 

 

SHANGHAI STOCK EXCHANGE

The Shanghai Stock Exchange bases its development on the principle of "legislation, supervision, self-regulation and standardization" to create a transparent, open, safe and efficient marketplace. The SSE endeavours to realize a variety of functions: providing marketplace and facilities for the securities trading; formulating business rules; accepting and arranging listings; organizing and monitoring securities trading; regulating members and listed companies; managing and disseminating market information.

In December 2007 ended with over 71.30 million investors and 860 listed companies. The total market capitalization of SSE hit RMB 26.98 trillion. In 2007, Capital raised from SSE market surpassed RMB 661.6 billion. 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. Shanghai Stock Exchange [SSE] helps to developing Shanghai into an international financial centre.


SHANGHAI STOCK EXCHANGE HOLIDAYS

Shanghai Stock Exchange Holidays
Shanghai Stock Exchange  is working all days except week end holidays of Saturday, Sunday and the following official holidays declared by the Stock Exchange in Advance.

Holiday Schedule of Shanghai Stock Exchange for 2010    
No. of days (excluding Saturday and Sunday)


Holidays

Days

New Year

1 Jan (Friday)

Chinese New Year

15 -19  Feb (Mon-Fri.)

Ching Ming Festival

5 April  (Monday)

Labor Day

3 May (Monday)

Tuen Ng Festival

14 -16 June 2 (Mon-Wed)

Mid-Autumn Festival

22 -24 Sept (Wed-Fri)

National Day

1 -7 Oct (Fri-Thu)

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