The Shenzhen Stock Exchange ( SSE 深圳证券交易所 ) is a mutualized organization that provides a venue for securities trading under the authorization of the China Securities Regulatory Commission ( CSRC 中国证券监督管理委员会 ). A broad spectrum of market participants, including 500 plus listed companies, 35 million institutional and individual investors and 200 or so exchange members, create the market. Here buying and selling orders are matched, in a fair, open and orderly market, through an automated system to create the best possible prices based on price-time priority.
The SSE is characteristic of the entrepreneurial spirit of the southern coastal city where it locates. Since its inception on 1st December 1990, it has blossomed into a market with great competitive edges in the country. Over the past 14 years, capital raised here amounted to an equivalence of US$ 807 million trade on the SSE.
In June 2004, the Small & Medium Enterprises Board took off. This market, exclusive for small and mid-caps, is a significant step toward phase-in launch of the New Market. Under the principle of “Regulation, Innovation, Cultivation and Services”, the SSE is committed to pursuit of a multi-layer capital market and making the SME Board home and engine for growth companies. |