Shanghai Stock Exchange

Shanghai Stock Exchange
上海证券交易所
TypeStock exchange
LocationShanghai, China
Coordinates31°14′12.3″N 121°30′31.5″E / 31.236750°N 121.508750°E / 31.236750; 121.508750
Founded26 November 1990
Key peopleGeng Liang (Chairman)
Zhang Yujun (President)
CurrencyCNY
No. of listings2,005 (July 2021)[1]
Market capUS$7.26 trillion (Jan 2023)[2]
IndicesSSE Composite
SSE 50
Websiteenglish.sse.com.cn
In 1992, the SSE issued its first stock warrant.

The Shanghai Stock Exchange (Chinese: 上海证券交易所, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third largest stock market by market capitalization. It is also Asia's biggest stock exchange.[3] Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government,[4] due to capital account controls exercised by the Chinese mainland authorities.[5]

In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC).

  1. ^ "Shanghai Stock Exchange (SSE) Overview |". Archived from the original on 2020-02-04. Retrieved 2013-08-26.
  2. ^ "Market Statistics – March 2023 – World Federation of Exchanges". Focus.world-exchanges.org.
  3. ^ "World-exchanges.org". Archived from the original on 2011-02-09. Retrieved 2010-08-19.
  4. ^ China Briefing – Foreigners Now Allowed to List on Shanghai Stock Exchange Archived 2018-09-11 at the Wayback Machine – retrieved on January 21, 2009.
  5. ^ International Herald Tribune – China further loosens its capital controls Archived 2008-06-12 at the Wayback Machine – retrieved on January 21, 2009.

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