As one of the two largest stock exchanges in Chinese mainland, Shenzhen Stock Exchange and China Stock Market grow together. Since 16, Shenzhen Stock Exchange has successfully established a national securities market in a new city with the help of modern technical conditions. During the period of 15, Shenzhen Stock Exchange raised more than 400 billion yuan for the national economy, which played a very important role in establishing a modern enterprise system, promoting economic restructuring, optimizing resource allocation and disseminating market economy knowledge.
With the consent of the State Council and the approval of China Securities Regulatory Commission, since May 2004, Shenzhen Stock Exchange has set up a SME board in the main board market. The establishment of SME board is an important measure to gradually promote the construction of GEM market, an important decision made by the CPC Central Committee and the State Council from the overall situation of promoting sustainable economic development and economic restructuring, and a concrete deployment to implement the spirit of the Third Plenary Session of the 16th CPC Central Committee and "Several Opinions of the State Council on Promoting the Reform, Opening-up and Stable Development of Capital Market". Under the leadership of China Securities Regulatory Commission, under the care of leaders at all levels, with the strong support and help from all walks of life, Shenzhen Stock Exchange will firmly grasp the eight-character policy of "supervision, innovation, cultivation and service", work hard, blaze new trails, build the SME sector well, and write a new chapter in China's multi-level capital market opening to the outside world!
Shanghai Stock Exchange was established on 1990,165438+126, and opened in the same year,12, 19. Is a non-profit legal person, directly managed by the China Securities Regulatory Commission. Shanghai Stock Exchange adheres to the eight-character policy of "legal system, supervision, self-discipline and standardization" and is committed to creating a transparent, open, safe and efficient market environment and effectively protecting the rights and interests of investors. Its main functions include: providing places and facilities for securities trading; To formulate the business rules of the stock exchange; Accepting listing applications and arranging the listing of securities; Organizing and supervising securities trading; Supervise members and listed companies; Manage and publish market information.
The Shanghai Stock Exchange consists of office, personnel (organization) department, Party-run discipline inspection office, transaction management department, listed company department, member department, bond fund department, international development department, product development department, market supervision department, legal department, investor education department, technology center, information center, research center, finance department, audit department, administrative service center, etc. 18 departments, with Shanghai under it.
The market transaction of Shanghai Stock Exchange adopts electronic bidding. All listed securities must be publicly declared for bidding through the computer mainframe, and the mainframe will automatically match transactions according to the principle of price priority and time priority. At present, the daily processing capacity of the trading mainframe is 29 million consignments and 60 million transactions, and it can complete 16000 transactions per second.
After years of sustained development, Shanghai securities market has become the leading market in China, with the number of listed companies, listed stocks, total market value, circulating market value, total securities turnover, stock turnover and national debt turnover ranking first. As of February 65438+ 2007, the Shanghai Stock Exchange had 860 listed companies and 25 listed securities1/kloc-0, with a total market value of 26,983.9 billion yuan. A large number of pillar enterprises, backbone enterprises, basic industrial enterprises and high-tech enterprises in the national economy have raised development funds through listing and changed their operating mechanisms.
After entering the new century, Shanghai Stock Exchange shoulders the arduous task of standardizing market development and faces a good opportunity to further promote market construction. With first-class hardware facilities, Pudong's superior location advantage and strong radiation, Shanghai's good economic development momentum and unique leading effect, and the positive promotion of the reform of state-owned enterprises and the construction of financial centers to Shanghai's capital market, the Shanghai Stock Exchange will open a new chapter in building a standardized, transparent, efficient, open and dynamic international first-class exchange in terms of technology, supervision, talents and services in accordance with the idea of strengthening confidence, strengthening supervision, maintaining stability and standardizing development.