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Shanghai China Shanghai stock exchange

 

The Shanghai Stock Exchange is the largest in mainland China and the ninth largest in the world. It is a non-profit organization administered by China Securities Regulatory Commission. It is rivaled only by Hong Kong Stock exchange.

It was founded in 1891 as "Shanghai Sharebrokers' Association". In 1904 it was registered and acquired its present name. By 1930 the city emerged as a financial centre of Far East, the establishment handled many trade stocks, debentures, government bonds and futures. Till 1940s it mainly operated in shipping, insurance and docks sphere, which later were overshadowed by industrial shares. Nowadays it experiences a boom due to increasing openness of Chinese economy.

The securities listed at SSE include stocks, bonds and funds. Bonds include treasure, corporate and convertible corporate ones. There are two types of stock: A shares are restricted to domestic investors and rated in yuan, B shares are available to both domestic and foreign investors and rated in US dollars. The SSE is open for trading every Monday to Friday, from 09.00 to 15.00. It is closed on weekends and holidays.

The total market capitalization is estimated US$915 billion, the listings include 842 companies. Top largest stock include Industrial and Commercial Bank of China, China Life Insurance, Bank of China, Sinopec, Shanghai International Port, Baosteel, Daqin Railway, Shanghai Pudong Development Bank, CITIC Securities.

We offer 2304 hotels in Shanghai China with low rates and discounts. Our reservation system provides cheap and luxury hotels in Shanghai, hostels, motels, B&B and other budget accommodation in Shanghai. We have excellent hotel deals in central Shanghai. You can also book Shanghai airport hotels at low prices. Our system is secure and absolutely charge-free.

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