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Brief Introduction of Shanghai Stock Exchange

07-18-2023

Shanghai Stock Exchange (SSE), founded on November 26, 1990, operates as a member-based public legal entity and falls under the direct management of the China Securities Regulatory Commission (CSRC).


With the guiding principles of “Legality, Supervision, Self-regulation, and Standardization,” SSE is dedicated to creating a transparent, open, safe, and efficient market environment. Over the course of 26 years, SSE has experienced rapid growth and has transformed into a comprehensive stock exchange offering trading in various types of securities, including stocks, bonds, funds, and derivatives. SSE boasts a world-class trading system and robust communication infrastructure, ensuring the efficient and stable operation of the Shanghai securities market. Furthermore, SSE has established an effective self-regulatory system to ensure the standardized and orderly functioning of the market. These advantages have contributed to SSE’s expansion in size and investor participation. As of the end of 2018, SSE had 1,450 listed companies, with a total market value of RMB 27 trillion. The trading value reached RMB 40 trillion, and the total funds raised amounted to RMB 611.4 billion. In the World Federation of Exchanges (WFE) rankings, SSE is positioned 5th in terms of trading volume, 2nd in total funds raised, and 4th in total market value.


Main business:

In accordance with the Securities Law and the Constitution of the Shanghai Stock Exchange, SSE fulfills the following primary responsibilities: 1) offering infrastructure, venues, and facilities for securities trading; 2) establishing and implementing business rules that govern the operations and conduct of securities trading within the exchange; 3) accepting listing applications and facilitating the process of arranging securities to be listed on the exchange; 4) organizing and overseeing securities trading activities; 5) exercising supervision over its members and listed companies; and 6) managing and disseminating market information.