The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern provi ...

, in the People's Republic of China. It is one of three stock exchanges operating independently in

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the China, People's Republic of China (including islands like Hainan or Chongming Island, Chongming), excluding dependent territories of the PRC, and other territorie ...

, the others being the

Beijing Stock Exchange The Beijing Stock Exchange (BSE; ) is a stock exchange based in Beijing, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Shanghai Stock Exchange and the Shenzhen Stock Exchange. H ...

and the Shanghai Stock Exchange. It is situated in the

Futian Futian District () is one of the nine districts comprising the city of Shenzhen, China. The district is home to the government and Municipal Committee of Shenzhen, as well as the city's central business district (CBD). Name There are two theori ...

district of Shenzhen. With a market capitalization of its listed companies around US$2.504 trillion in 2019, it is the 7th largest stock exchange in the world, and 4th largest in

East Asia East Asia is the eastern region of Asia, which is defined in both geographical and ethno-cultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan. China, North Korea, South Korea ...

and

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...

History

On December 1, 1990, Shenzhen Stock Exchange was founded. In January 1992, Deng Xiaoping's Southern Tour saved China's capital market and the two stock exchanges (the other is Shanghai Stock Exchange). In July 1997, the

State Council of China The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the pr ...

decided that the Shenzhen Stock Exchange would be directly managed by the China Securities Regulatory Commission. In May 2004, the SME Board was launched. In October 2009, the ChiNext market () was inaugurated.

State-owned companies

Many of the companies within this market are subsidiaries of companies in which the Chinese government maintains controlling interest.

Hours

The exchange has pre-market sessions from 09:15am to 09:25am and normal trading sessions from 09:30am to 11:30am and 1:00pm to 3:00pm

China Standard Time The time in China follows a single standard time offset of UTC+08:00 (eight hours ahead of Coordinated Universal Time), even though the country spans almost five geographical time zones. The official national standard time is called ''Beijing ...

( UTC+08:00) on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.

ChiNext

The exchange opened the ChiNext board (), a

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

-type exchange for high-growth, high-tech start-ups, on October 23, 2009.

Market data

''(As of January 2021)''Shenzhen Stock Exchange Market Overview
/ref> *Listed companies: 2,375 * Market capitalization: RMB 34,463,161.66million (US$5.24 trillion)

Listings

Building

The Shenzhen Stock Exchange building is a skyscraper with a height of and 49 floors. Its construction started in 2008 and was finished in 2013.The building was designed by Rem Koolhaas's firm, the Office for Metropolitan Architecture. The building is located at 2012 Shennan Blvd.,

District. With an area of 200,000 square metres, five high speed elevators and a futuristic design, the partners involved in the design and construction of this sky scraper included Rem Koolhaas, David Gianotten, Ellen van Loon and Shohei Shigematsu and construction by The Second Construction Co., Ltd of China Construction Third Engineering Bureau, a subsidiary of China State Construction Engineering Corporation.

References

External links

* {{Authority control Financial services companies established in 1990 Office buildings completed in 2013 Economy of Shenzhen Organizations based in Shenzhen Skyscraper office buildings in Shenzhen Stock exchanges in China Rem Koolhaas buildings Chinese companies established in 2013 Chinese companies established in 1990