The Shanghai Stock Exchange was established at 1990 and is directly managed by the China Securities Regulatory Commission. Shanghai Stock Exchange adheres to the eight-character policy of "legal system, supervision, self-discipline and standardization" and 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.
Shenzhen Stock Exchange, referred to as "Shenzhen Stock Exchange" or "Shenzhen Stock Exchange", was established in 1990 12 1. Its main functions include: providing places and facilities for securities trading; To formulate the business rules of this firm; Accepting listing applications and arranging the listing of securities; Organizing and supervising securities trading; Supervise members and listed companies; Manage and publish market information; Other functions permitted by China Securities Regulatory Commission.