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Shanghai Stock Exchange (SSE)
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Shanghai Stock Exchange (SSE)

by Claudia B. MeyerMay 18, 2017
Overview
Abbreviation

SSE

Founded

November 1990

Headquarters

Shanghai, China

Website

http://english.sse.com.cn

Shanghai Stock Exchange (SSE)

The Shanghai Stock Exchange (SSE) is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People’s Republic of China, the other being the Shenzhen Stock Exchange. Shanghai Stock Exchange is the world’s 5th largest stock market by market capitalization at US$3.5 trillion as of February 2016, and 2nd largest in East Asia and Asia. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors due to tight capital account controls exercised by the Chinese mainland authorities and often manipulated by the decisions of the Central Government.

The current exchange was re-established on November 26, 1990 after a 41-year hiatus and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC).

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