Overview
Shenzhen Stock Exchange (SZSE) is a stock exchange based in Shenzhen, China. The acronym or abbreviation for this market is SZSE. This page contains information on the trading hours, market holidays, contact information and more.
Geography
Shenzhen Stock Exchange is located in the country of China.
Stock exchanges near Shenzhen Stock Exchange include the following markets: Hong Kong Stock Exchange, Taiwan Stock Exchange, Hanoi Stock Exchange, Philippine Stock Exchange & Shanghai Stock Exchange.
Official currency
The main currency of Shenzhen Stock Exchange is CNY. It's symbol is ¥.
General Information
The Shenzhen Stock Exchange (SZSE) is a Chinese stock exchange located in the Futian district of Shenzhen. It is the second largest exchange in China, after the Shanghai Stock Exchange, by market capitalization. The exchange was created in 1990, and officially started operating on December 1, 1990. The SZSE consists of two main boards, the Main Board and the SME Board, where companies are listed based on their size and market capitalization.
History of Shenzhen Stock Exchange
The SZSE was established on December 1, 1990, as a result of China's economic reforms in the 1980s. The exchange was created to provide a platform for companies to raise capital and promote economic growth. Initially, there were only four listed companies on the SZSE, with a market capitalization of less than RMB 1 billion.
Over the years, the SZSE has grown significantly, with new listings and increased market capitalization. In 2004, the SZSE launched the Growth Enterprise Market (GEM), aimed at providing a platform for small and medium-sized enterprises to raise capital. Since then, the SZSE has become one of the most important capital markets in China, attracting both domestic and foreign investors.
Shenzhen Stock Exchange Today
As of 2021, there are over 2,500 companies listed on the SZSE, with a total market capitalization of over RMB 50 trillion. The SZSE is also home to some of China's largest and most innovative companies, including Tencent, BYD, and Ping An Insurance, among others. The SZSE has played a critical role in the development of China's economy, providing a platform for companies to raise capital and promote economic growth.
The SZSE has also been at the forefront of China's financial reforms, introducing new products and initiatives aimed at increasing market liquidity and improving transparency. In recent years, the SZSE has launched several new markets, including the ChiNext Board, aimed at providing a platform for innovative and high-growth companies.
Summary
The Shenzhen Stock Exchange is one of the most important capital markets in China, providing a platform for companies to raise capital and promote economic growth. Since its establishment in 1990, the SZSE has grown significantly, with new listings and increased market capitalization. Today, the SZSE is home to some of China's largest and most innovative companies, and has played a critical role in the development of China's economy. With its innovative products and initiatives, the SZSE is poised to continue to grow and evolve in the years to come.
About us
OpenMarket is a comprehensive online platform that aims to provide investors with accurate information regarding the opening hours of stock markets across the globe. Our goal is to help investors make informed decisions about their investments by providing them with up-to-date information about when markets are open and closed.