There are about 300 equity exchanges in China. Among them, 76 trading institutions have state-owned asset disposal.
After more than ten years of development, the property rights exchange has formed a three-level market at the provincial/sub-provincial level, prefectural level, and county level.
Beijing Equity Exchange, Tianjin Equity Exchange Center, Shanghai United Equity Exchange, and Chongqing United Equity Exchange are the trading venues for the assets and interests of central enterprises designated by the State Council. Other provincial and sub-provincial levels also mainly serve the local market; the prefectural and municipal levels serve local cities, and the county level serves the scope of their own administrative regions.
Equity exchanges are divided into two categories according to the nature of their organizational structures: one is public institutions (i.e. administrative institutions), and the other is corporate legal persons (corporate operations). According to a 2011 survey of 56 property rights exchange institutions across the country by the China Enterprise State-owned Equity Exchange Institutions Association, 26 were public institutions and 32 were enterprise legal entities, and two were both public institutions and enterprise legal persons. The trend of trading institutions transforming into corporate legal persons is quite obvious. Among the exchanges in the four major municipalities, Beijing and Chongqing have been restructured into corporate legal persons, while Tianjin and Shanghai are still institutional legal persons.
On December 22, 2009, Jinmajia, my country's first third-party e-commerce platform positioned to provide online services for various property rights transactions, successfully raised funds and established "Beijing Jinmajia Property Rights Network Trading Co., Ltd." Golden Vest is an opportunity Internet asset and equity trading platform founded by property rights trading institutions and related powerful institutions located in 33 provinces, autonomous regions and municipalities across the country. It currently covers 76 property rights trading institutions across the country. The objects of disposal include design administrative affairs, motor vehicles, real estate, transportation, machinery and equipment, land, equity, forest rights, copyrights, mineral rights, operating rights, trademarks, patented technologies, debt and project financing, etc.
China's equity exchanges are classified by region:
Beijing Beijing Equity Exchange Beijing Rural Equity Exchange
Shanghai Shanghai United Equity Exchange
Tianjin Tianjin Property Rights Exchange Center
Chongqing Chongqing United Property Rights Exchange
Hebei Xingtai City Property Rights Trading Market Zhangjiakou Property Rights Trading Center Handan Property Rights Exchange Tangshan Property Rights Trading Center Xingtai City Enterprise Property Rights Trading Center Cangzhou Property Rights Trading Center Hengshui Property Rights Trading Center Chengde Property Rights Trading Service Center Baoding Property Rights Trading Market Qinhuangdao Property Rights Trading Center Hebei Property Rights Trading Center
Shanxi Shanxi Property Rights Trading Market Taiyuan Property Rights Trading Market Datong Property Rights Trading Market Yuncheng Property Rights Trading Center Changzhi City Property Rights Trading Market Linfen City Property Rights Trading Center Jinzhong City Property Rights Trading Center Jincheng Property Rights Trading Center Shanxi Technology Property Rights Exchange Yangquan City Property Rights Trading Market
Henan Henan Province Property Rights Trading Center Henan Technology Property Rights Exchange Zhengzhou Property Rights Trading Market Sanmenxia Property Rights Trading Center Xinxiang Property Rights Trading Center Luoyang Property Rights Trading Center Hebi Property Rights Trading Market Kaifeng Property Rights Trading Market Co., Ltd. Xuchang Asia Pacific Property Rights Exchange Co., Ltd. Zhoukou Property Rights Trading Center Anyang Guoxin Property Rights Trading Co., Ltd. Henan Zhongyuan Property Rights Trading Co., Ltd. Jiaozuo Property Rights Trading Center Nanyang Property Rights Trading Center Puyang Huayu Property Rights Trading Co., Ltd. Zhumadian Property Rights Trading Center
Liaoning Shenyang United Property Rights Exchange Dalian Property Rights Exchange Tieling Property Rights Trading Center Panjin Guoxin Property Rights Trading Co., Ltd. Chaoyang Property Rights Trading Market Liaoxi Property Rights Trading Center Fushun Property Rights Trading Center Anshan Property Rights Trading Center Benxi Property Rights Trading Center Dandong Property Rights Trading Center
Jilin Jilin Changchun Property Rights Trading Center Liaoyuan City Property Rights Trading Center Tonghua City Property Rights Trading Center
Heilongjiang Heilongjiang Property Rights Trading Center Jiamusi Property Rights Trading Center Daqing City Property Rights Trading Center Nongken Longxin Property Rights Trading Co., Ltd. Qiqihar Property Rights Trading Center
Inner Mongolia Inner Mongolia Property Rights Trading Center Inner Mongolia Rongtong Property Rights Exchange Baotou Property Rights Exchange
Jiangsu Jiangsu Province Property Rights Exchange Jiangsu Province Technology Property Rights Exchange Nanjing Property Rights Trading Center Wuxi Donghua Property Rights Trading Center Changzhou Property Rights Exchange Suzhou Property Rights Exchange Nantong Property Rights Exchange Lianyungang Property Rights Exchange Huai'an Property Rights Trading Center Taizhou Guolian Property Rights Exchange Co., Ltd. Xuzhou Property Rights Exchange Zhenjiang Property Rights Trading Center Yancheng Property Rights Exchange Yangzhou Property Rights Trading Center Wuxi Property Rights Exchange Nantong Zhonghe Equity Exchange
Shandong Shandong Equity Exchange Center Qingdao Equity Exchange Yantai United Equity Exchange Center Jinan Equity Exchange
Anhui Anhui Province Equity Exchange Center Hefei Equity Exchange Center Bengbu Equity Exchange Center Anhui Changjiang Property Rights Exchange Xuancheng Property Rights Trading Center Huaibei City Property Rights Trading Center Ningguo City Property Rights Trading Center Tongling Property Rights Trading Center Maanshan Property Rights Exchange
Zhejiang Zhejiang Property Rights Exchange Taizhou Zhongheng Property Rights Exchange Cixi City Property Rights Trading Center Zhoushan Xinda Equity Exchange Ningbo Equity Exchange Center Wenzhou Xinyi Equity Exchange Yiwu Equity Exchange Hangzhou Equity Exchange
Fujian Fujian Equity Exchange Xiamen Equity Exchange Center Longyan Equity Exchange Fuzhou Equity Exchange Center Putian Property Rights Exchange Center Fujian High-tech Industry Exchange Nanping Property Rights Exchange Center
Hubei Wuhan Optics Valley United Property Rights Exchange Xiangfan City Property Rights Exchange Hubei Property Rights Jingmen Branch Center Huangshi Jiacheng Property Rights Exchange Co., Ltd. Hubei Property Rights Huanggang Branch Center Hubei Property Rights Jingzhou Branch Hubei Property Rights Shiyan Branch Center Hubei Property Rights Xianning Branch Hubei Property Rights Xiangfan Branch Center Hubei Property Rights Yichang Branch Center
Hunan Hunan United Property Rights Exchange Zhuzhou City Property Rights Trading Center Yueyang City Property Rights Trading Center Changsha Property Rights Trading Center Hengyang Property Rights
Equity Trading Management Center Yongzhou Equity Trading Center
Guangdong Guangzhou Equity Exchange Zhuhai Equity Trading Center Enping Equity Trading Service Center Shenzhen Equity Trading Center Dongguan Equity Trading Center Foshan Nanhai Equity Trading Center Shantou Equity Trading Market Dongguan Equity Trading Center Shenzhen High-tech Equity Exchange Heyuan Equity Trading Service Center Huizhou Equity Exchange Jiangmen Equity Trading Center Meizhou Equity Exchange Southern United Equity Trading Center Guangdong Equity Shunde Exchange
Guangxi Guangxi United Property Rights Exchange
Jiangxi Jiangxi Property Rights Exchange Southern Forestry Property Rights Exchange Jiangxi Property Rights Exchange Jiujiang Office Jiangxi Property Rights Exchange Shangrao Office Nanchang Property Rights Exchange Center
Sichuan Southwest United Equity Exchange Zigong Equity Exchange Guangyuan Equity Exchange Center Leshan Equity Exchange Center Deyang Jinqiao Equity Exchange Co., Ltd.
Guizhou Guizhou Sunshine Equity Exchange
Yunnan Yunnan Equity Exchange Kunming Pan Asia United Equity Exchange
Hainan Hainan Equity Exchange Hainan Special Economic Zone Equity Trading Center
Shaanxi Western Equity Exchange Xi'an Technology Equity Trading Center Xi'an Equity Trading Center
Gansu Gansu Property Rights Exchange
Ningxia Yinchuan Property Rights Trading CenterNingxia Property Rights ExchangeNingxia Science and Technology Resources and Property Rights Exchange
Xinjiang Xinjiang Property Rights Exchange Changji Property Rights Trading Center
Qinghai Qinghai Province Property Rights Exchange Market