Shenzhen Stock Exchange (深圳交易所) is one of the People's Republic of China's three stock exchanges. Talk People's Republic of China) PEOPLE'S REPUBLIC OF CHINA ARTICLE GUIDELINES A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock It is based in Shenzhen, China. Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province situated immediately

Exchanges

Shen Ye Centre housing the Shenzhen Stock Exchange

The Shanghai and Shenzhen stock exchanges list more than 1,200 companies with a combined market capitalization of US$500 billion (2005) (30% of GDP, see list of countries by GDP (nominal)), rivalling the Hong Kong Stock Exchange as Asia's second-largest stock market behind the Tokyo Stock Exchange. Shanghai ( 上[[wikt 海|海]] is the largest city in China in terms of population and one of the largest urban areas in the world with over 20 million Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province situated immediately Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of Corporate or Economic PLEASE NO RANDOM FIGURES THERE ARE NO FIGURES BASED ON NATIONAL STATISTICS IN THIS ARTICLE The Hong Kong Stock Exchange ( also 港交所 abbreviated as HKEX;) is the Stock exchange of Hong Kong. The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock

The central government shut down trade on the Shenzhen and Shanghai Stock Exchanges for over a week from May 1, 2003 to fight against Severe Acute Respiratory Syndrome (SARS). Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province situated immediately The Shanghai Stock Exchange ( SSE) ( is a Chinese Stock exchange based in the city of Shanghai, with a Market capitalization Events 305 - Diocletian and Maximian retire from the office of Roman Emperor. Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar.

Listed companies

Shen Ye Centre housing the Shenzhen Stock Exchange

Most of the companies within this market belong to listed company in which the Chinese government maintains controlling interest. With regards to the listed companies, the government has viewed the stock markets has means of raising capital, but there is no current interest to privatization or selling off the state controlling interest in the SOEs (State Owned Enterprises). Privatization is the incidence or process of transferring ownership of business from the Public sector (government to the Private sector (business Until 2005, two-thirds of the shares in listed companies were non-tradable on the exchange, creating a problem in which the tradable shares were valued higher than their proportion in the company. In 2005, as part of the Chinese stock issue reform, the non-tradable shares were made tradable and the holders of tradable shares were compensated by having extra equity in the company.

Indices

The Shenzhen Exchange launched the blue-chip composite index in January 1995. It also directed a subsidiary, the Shenzhen Securities Information Co. , to launch the Shenzhen Stock Exchange 100 Index on the first trading session of 2003, using 2002's final day of business as a benchmark.

The new index is composed of major firms such as Shenzhen Development Bank, property developer China Vanke Co Ltd and Guangdong Electric Power Co. Shenzhen Development Bank Co Ltd ( is a Bank based in Shenzhen, Guangdong, People's Republic of China. Index components account for about 40 percent of the Shenzhen bourse's capitalization, 61 percent of the combined after-tax profits of Shenzhen-listed companies, and 43 percent of turnover.

The Shenzhen exchange will adjust the index's components every six months.

IPO

The initial public offering (IPO) activity in Shenzhen stock exchange was suspended from September 2000 as the Chinese government pondered merging its bourses into a single exchange in Shanghai and launch a Nasdaq-style second board in Shenzhen aimed at private and technology companies. Initial public offering (IPO, also referred to simply as a "public offering" is when a company issues Common stock or shares to the public for the first Shanghai ( 上[[wikt 海|海]] is the largest city in China in terms of population and one of the largest urban areas in the world with over 20 million The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange.

Future

22 November 2007 the Shenzhen Stock Exchange broke ground for the new premises in down town Shenzhen.  The expressive new building will be designed by Dutch / Office for Metropolitan Architecture, the project is headed by architects / Rem Koolhaas and Kunle Adeyemi and managing partner / Victor van der Chijs. The Office for Metropolitan Architecture, ( OMA) is the Rotterdam based architecture firm of Dutch architect Rem Koolhaas. Remment Lucas Koolhaas, 'rɛm 'kɔːlhas (born) is a Dutch Architect, architectural theorist, Urbanist and "Professor in Practice of Architecture Victor van der Chijs ( Ede, September 1, 1960) is Managing Partner of architecture and design office OMA Office for Metropolitan Architecture   The new Shenzhen Stock Exchange is planned as a financial center with civic meaning.  The external area is designed as a public space for festivals and gathering whilst the 250m tall tower will host the trading floor of high-tech and many new, high growth stocks as well as the Shenzhen Stock Exchange offices, registration and clearing house, the Securities Information Company and ancillary services in a gross floor area of  200,000m2. 

Levels

2006, see [1]

• Listed companies: 579
• Market capitalization: RMB 1,779,152 million. Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of Corporate or Economic (US$227. 5 billion)

Listings

Main article: companies listed on the Shenzhen Stock Exchange

• BAODING SWAN
• KOYO GROUP
• LUXI CHEMICAL
• SUNSHINE INDUSTRIAL

See also

• China Securities Regulatory Commission
• Economy of the People's Republic of China
• Hong Kong Stock Exchange
• Shanghai Stock Exchange

Lists

• List of Chinese companies
• List of companies in the People's Republic of China
• List of stock exchanges

External links

• 深圳证券交易所