An overview of Shanghai Stock Exchange

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An overview of Shanghai Stock Exchange

Shanghai Stock Exchange (SSE) was established in 1990. As of Jun 2020, there are 1644 companies listed in SSE holding market capitalization of US$5.26 trillion. According to statistics of the World Federation of Exchanges (WFE), SSE ranked fourth and second respectively in terms of total market capitalization, and capital raised as of Jun 2020, becoming one of the top exchanges in the world.To get more shanghai market news, you can visit shine news official website.
SSE operates 2 boards – mainboard and STAR Market – which provide products of stocks, bonds, funds, indices, and derivatives for trading. STAR Market was inaugurated in Jun 2019, a NASDAQ-style market for high-tech start-up companies. This rising star in China's capital market had seen proceeds raised from IPO and secondary listings within a year of anniversary in early Jul 2020 climbing to US$14.1 billion, only second in ranking behind NASDAQ globally.
Multiple asset classes for trading: equities, bonds, indices, funds, stock options, and green securities.
Deep history of historical data and tick history: end-of-day historical data coverage goes back as far as 1992. Tick history data covered from 1996.
Green securities and indices: as of Nov 2021, get access to 364 green bonds, 149 green ABS, 10 green ETF listed in SSE, and 66 green indices that have been introduced.
Low latency differentiated real-time feeds: the Level 1 FAST feed offers a 3-second snapshot with 5 levels MBP. Level 2 feed offers tick by tick trade and a 3-second snapshot quote message with 10 levels of MBP and 50 levels of MBO.
Access corporate action and dividend data, all of which can be consumed in a timely manner through either our electronic feeds or desktops platforms.
We offer both intuitive request-response and bulk access to a wide array of SSE reference data content, including instrument- and venue-level reference data as well as cross reference symbology.The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,250-point plateau although it's tipped to rebound again on Monday.

The global forecast for the Asian markets is upbeat on optimism over corporate earnings, plus support from the energy and technology sectors. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.

The SCI finished modestly lower on Friday following losses from the financial shares, property stocks and resource companies.

For the day, the index sank 29.34 points or 0.89 percent to finish at 3,253.24 after trading between 3,246.37 and 3,294.80. The Shenzhen Composite Index dropped 22.00 points or 1.00 percent to end at 2,181.25.Among the actives, Industrial and Commercial Bank of China dipped 0.23 percent, while Bank of China fell 0.33 percent, China Construction Bank shed 0.71 percent, China Merchants Bank tumbled 1.98 percent, Bank of Communications lost 0.43 percent, China Life Insurance dropped 0.82 percent, Jiangxi Copper skidded 1.00 percent, Aluminum Corp of China (Chalco) advanced 0.86 percent, Yankuang Energy plunged 3.32 percent, PetroChina slumped 0.95 percent, China Petroleum and Chemical (Sinopec) eased 0.24 percent, Huaneng Power climbed 1.01 percent, China Shenhua Energy tanked 2.23 percent, Gemdale surrendered 1.84 percent, Poly Developments retreated 1.83 percent, China Vanke declined 2.49 percent and China Fortune Land plummeted 2.97 percent.

The lead from Wall Street is positive as the major averages opened higher on Friday and accelerated as the day progressed, ending near session highs.

The Dow spiked 315.53 points or 0.97 percent to finish at 32,845.13, while the NASDAQ jumped 228.09 points or 1.88 percent to end at 12,390.69 and the SP 500 gained 57.86 points or 1.42 percent to close at 4,130.29.

For the week, the NASDAQ spiked 4.7 percent, the SP climbed 4.3 percent and the Dow gained 3.0 percent. The three-day rally also capped off a strong month for stocks, with the major averages recording their best monthly gains since 2020.

The continued strength on Wall Street reflected a positive reaction to the latest batch of earnings news from big-name companies like Amazon (AMZN) and tech giant Apple (AAPL) - although others like Intel (INTC) and Proctor Gamble (PG) disappointed.

Crude oil prices rose sharply after the Energy Information Administration said U.S. crude inventories tumbled last week. West Texas Intermediate Crude oil futures for September ended higher by $2.20 or 2.3 percent at $98.62 a barrel. WTI crude futures gained 4.1 percent in the week but fell 6.8 percent in the month.

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