Currency Trading Strategies

Currency Trading Strategies G Currency Trading Strategies Currency UYU Szh 1 Currency Trading Strategies Shanghai Stock Exchange introduction - openVMS专栏 - 博客频道 - CSDN.NET

Currency Trading Strategies G Currency Trading Strategies Currency UYU Szh 1 Currency Trading Strategies

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r value
(billion yuan)
A shares 832 7,111.8 5,724.5 B shares 54 49.4 57.1 Total 886 7,161.2 5,781.6

SSE's top ten largest stocks

Source: Shanghai Stock Exchange (market values in RMB/Chinese Yuan). Data arranged by market value. Updated on 15 January 2007

Industrial and Commercial Bank of China (1,397.86 billion)
China Life Insurance (904.78 billion)
Bank of China (887.31 billion)
Sinopec (692.22 billion)
China Merchants Bank (201.09 billion)
Shanghai International Port (164.56 billion)
Baosteel (161.81 billion)
Daqin Railway (114.71 billion)
CITIC Securities (107.99 billion)
Shanghai Pudong Development Bank (104.30 billion)

Indexes

Main article: SSE Composite

The SSE Composite Index is the most commonly used indicator to reflect SSE's market performance. Constituents for the SSE Composite Index are all listed stocks (A shares and B shares) at the Shanghai Stock Exchange. The Base Day for the SSE Composite Index is December 19, 1990. The Base Period is the total market capitalization of all stocks of that day. The Base Value is 100. The index was launched on July 15, 1991. At the end of 2006, the index reaches 2,675.47. Other important indexes used in the Shanghai Stock Exchanges include the SSE 50 Index and SSE 180 Index.

Listing Requirements

According to the regulations of Securities Law of the People’s Republic of China and Company Law of the People’s Republic of China, limited companies applying for the listing of shares must meet the following criteria:

The shares must have been publicly issued following approval of the State Council Securities Management Department.
The company’s total share capital must not be less than RMB 50 million.
The company must have been in business for more than 3 years and have made profits over the last three consecutive years. This requirement also applies to former state-owned enterprises reincorporating as private or public enterprises. In the case of former state-owned enterprises re-established according to the law or founded after implementation of the law and if their issuers are large and medium state owned enterprises, it can be calculated consecutively. The number of shareholders with holdings of values reaching in excess of RMB 1,000 must not be less than 1,000 persons. Publicly offered shares must be more than 25% of the company’s total share capital. For company whose total share capital exceeds RMB 400 million, the ratio of publicly offered shares must be more than 15%.
The company must not have committed any major illegal activities or false accounting records in the last three years.

Other conditions stipulated by the State Council. The conditions for applications for the listing of shares by limited companies involved in high and new technology are set out separately by the State Council.