Shanghai Stock Exchange Shanghai Stock Exchange was established on November 26, 199 and opened on December 19 of the same year. It is a non-profit legal person and directly managed by China Securities Regulatory Commission. Adhering to the eight-character policy of "legal system, supervision, self-discipline and standardization", Shanghai Stock Exchange is committed to creating a transparent, open, safe and efficient market environment and effectively protecting the rights and interests of investors. Its main functions include: providing places and facilities for securities trading; To formulate the business rules of the stock exchange; Accepting listing applications and arranging the listing of securities; Organizing and supervising securities trading; Supervise members and listed companies; Manage and publish market information.
The SSE adopts the electronic auction trading method. All listed securities must be publicly declared for bidding through the computer host, and the host will automatically match the transaction according to the principle of price priority and time priority. At present, the daily processing capacity of the trading mainframe is 29 million consignments and 6 million transactions, and 16, transactions can be completed every second.
after years of sustained development, Shanghai securities market has become the leading market in China, ranking first in terms of the number of listed companies, the number of listed stocks, the total market value, the market value in circulation, the total turnover of securities, the turnover of stocks and the turnover of national debt. By the end of December 24, SSE had more than 37 million investors and 837 listed companies with 996 listed securities. The total market value of listed stocks is 2,61.434 billion yuan; In 24, listed companies raised 45.691 billion yuan. A large number of national economic pillar enterprises, key enterprises, basic industry enterprises and high-tech enterprises have raised development funds and changed their operating mechanisms through listing. After entering the new century, SSE shoulders the arduous task of standardizing the development of the market, and also faces a good opportunity to further promote the construction of the market. With first-rate hardware facilities, Pudong's superior location advantage and strong radiation, Shanghai's good economic development momentum and unique leading effect, and the positive promotion of Shanghai's capital market by the reform of state-owned enterprises and the construction of financial centers, SSE will take a multi-pronged approach in technology, supervision, talents and services to build a standardized, transparent, efficient, open and vibrant world-class exchange.