The largest stock market in mainland China
The Shanghai Stock Exchange ( English, Shanghai Stock Exchange, SSE ) is the largest stock market in mainland China. It is governed by the Regulatory Commission of China Securities Market ( China Securities Regulatory Commission CSRC ). The Shanghai Stock Exchange is located in Shanghai and was established on November 26, 1990. The Shanghai Stock Exchange has capitalization ( year 2006) of 915 billion dollars.
It is one of the three stock exchanges operating independently in the People’s Republic of China, the other two are the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is not yet fully open to foreign investors due to strict control by the authorities in mainland China.
In late 2007, the Shanghai Stock Exchange had 860 listed companies with a combined market capitalization of 3.95 billion dollars, which makes China the largest and second largest in the world. Is a nonprofit organization managed directly by the Securities Regulatory Commission China ( CRV ).