stock exchange

For the 1930 stock market in Shanghai, China was the financial center of the Far East. However commercial ended abruptly when the Japanese army invaded in December 1941. Although briefly reopened after the end of World War II the communist revolution of 1949 the stock market closed again.

The rise of the Shanghai Stock Exchange to its position of power in the 1930s began in 1840. The end of the Opium War in 1842 led the first treaty of Nanking and was first opened to foreign investors in China. The change in relations between China and the world has led to the first listing of shares in Shanghai in the 1860s. The first list of actions that appeared in 1866 together with the evolution of the banking sector helped win a reputation as the Shanghai market investment firm.

First Chinese stock market has been opened in Shanghai during the boom in mining stocks in 1891 and has grown over the last decade of 19 century. By the year 1921 led to the success of the investment market of China in Shanghai, operates two separate bags. "Shanghai Securities and commodities exchanges," and "Shanghai Chinese Merchant Exchange 'running alongside each other until they merged in 1929 and renamed as" Shanghai Stock Exchange. "

For the part of the 1920s in the rubber plantations have replaced the condition that the principal stock exchange in Shanghai. By 1930 Chinese and foreign investors have been trading shares, government bonds and the future. The Japanese invasion in 1941, ended the first period of China's stock market.

In the first decades of communist rule there was no stock market in China, but after Deng Xiaoping came to power in China, the country was slowly opened to the outside world. Changes in the economy in China was reflected by changes in the securities market. The socialist market economy in China slowly replaced the old communist-era economy. Market opening of new shares in Shanghai November 26, 1990 was a signal that the Chinese economy was approaching a free market approach.

Shanghai Stock Exchange is now the largest of China and the fifth largest in the world. It operates as a nonprofit organization that the China Securities Regulatory Commission (CSRC). You can trade stocks, funds and bonds on the exchange. For a list, you must have a surplus over the previous three years.

There are two main stock exchanges, or classes, are currently on the market. -Shares and B shares -The share is quoted Yuan and primarily invest in other Chinese citizens and businesses, although limited foreign investment is allowed. If you are a foreign company and you want to invest in shares can apply through a qualified program called QFII.The Class B shares are quoted in U.S. dollars and are open to foreign investment.

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