China Financial Daily

Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (the SZSE)
Shanghai Stock Exchange
Address: 528 South Pudong Road, Shanghai 200120, PR China

The Shanghai Stock Exchange (SSE) was founded on Nov. 26th,1990 and in operation on Dec.19th the same year. It is a membership institution directly governed by the China Securities Regulatory Commission(CSRC). After several years’ operation, the SSE has become the most preeminent stock market in Mainland.

Shenzhen Stock Exchange
Address: 5045 Shennan East Road, Shenzhen 518010, PR China
The Shenzhen Stock Exchange (the SZSE) is a mutualized national stock exchange under the China Securities Regulatory Commission (the CSRC), that provides a venue for securities trading. A broad spectrum of market participants, including 540 listed companies, 35 million registered investors and 177 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.

Since its creation in 1990, the SZSE has blossomed into a market of great competitive edges in the country, with a market capitalization around RMB 1 trillion (US$ 122 billion). On a daily basis, around 600,000 deals, valued US$ 807 million, trade on the SSE.

China securities market is undergoing fundamental changes. The implementation of the new Securities Law, Company Law, self-innovation strategy as well as the development of non-tradable share reform embodies enormous opportunities to the market. Adhering to the principle of “Regulation, Innovation, Cultivation and Service”, the SZSE will continue to maintain its focus on developing the Small and Medium Enterprises Board, while seeking for a tier market.

New York Stock Exchange rose
Xinhua in New York, on May 4th (Xinhua Yang Liu) as a result of economic data, released by the real estate industry, in excess of market expectations, and enhanced investor confidence, on 4th the three major indexes in the stock market in New York rose more than 2.5%. The Dow Jones industrial average rose more than 200 points, S & P reached the 900-point mark, both of which hit a new high in four months. United States Association of Realtors reported, house sales in March signed increased3.2 percent than that in February, exceeding market expectations. Analysts had expected the figure would be flat with that in February.

Oslo Stock Exchange and London Stock Exchange reached a strategic cooperation agreement
Xinhuanet in Stockholm on March 12rd (Xinhua) message of Oslo: Norway Oslo Stock Exchange on 12nd announced that it has reached an agreement with the London Stock Exchange, in which the two sides would launch a strategic cooperation. Under the agreement, the London Stock Exchange for Oslo Stock Exchange will provide securities trading system used for all, designed to improve the efficiency and liquidity of assets of Oslo Stock Exchange trading. According to reports, before this the Oslo Stock Exchange trading system is operated by Stockholm Stock Exchange operator Nasdaq-OMX Group.