Shenzhen Stock Exchange

Shenzhen Stock Exchange (SZSE) is one of the Peoples’ Republic of China’s two stock exchanges. Established on December 1st, 1990, it is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). Most of the companies listing on the exchange are branches of state-owned entities, or those where the state has a majority interest. It provides the venue and facilities for centralized securities trading. It also organizes, supervises securities trading and performs duties prescribed by laws, regulations, rules and policies.

SZSE’s main functions include providing the venue and facilities for securities trading, formulating operational rules, receiving listing applications and arranging securities listing, organizing and supervising securities trading, supervising members; regulating listed companies, managing and disseminating market information, and other functions as approved by the CSRC.

By 30 December 2011, SZSE had 1,411 listed companies, with 484 on the Main Board, 646 on the SME Board and 281 on the ChiNext. The ChiNext is a board similar to NASDAQ, comprised mainly of tech companies. Their total market capitalization amounted to RMB 6.6 trillion (USD 1.0 trillion).