Friday, September 18, 2009

Chinese Stock Market and Stock Exchange Informational Resource



  1. The Chinese Stock Market is a mystery to many Americans. American's need to really find out how this economic system works since their economic system is closely allied to ours in many ways. The Chinese stock market actually consists of three separate stock exchanges, probably the best known and the largest is the Shanghai exchange, there is also the Shenzen exchange and the Hong Kong Exchange. All of them fill a vital function in the Chinese economy and the economy of the world.
    The Shanghai exchange is not entirely open to foreign investors. It is open to all Chinese investors. The Shanghai Stock Exchange is the largest in the world with a combined total exchange rate of 3.7 trillion dollars. There are some foreign investors in this market as well as Chinese. It is a well used market with over 860 separate companies. It is the largest of the three Chinese stock exchanges. It is the sixth largest market in the world.The Shanghai stock exchange began after the treaty of Nanking and the settlement of the Opium war which made the market open to investors. The market was open to investors sometime during the 1860's and had it's first trade in 1866. In 1891 the market got more prominence with mining shares. In 1904 it got it's final name as the Shanghai Stock Exchange. By the 1930's the Shanghai exchange reached it's full prominence. It was the financial capital of the far east.

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