Listing Rules is an important supplemental rule to Provisional Measures on Administration of Initial Public Offering and Listing on the new market (“Provisional Measures”).Under the requirements of Provisional Measures, with fully concern over the outstanding creative and growing features of the new market firms, the Listing Rules designed the regulation in a more applicable way especially for information disclosure, restricted listing shares, responsibilities of sponsors and delisting requirements, which made great progress in investors protection, market efficiency improvement, and long-term and healthy development of the market promotion.

1. Question: What is clean price transaction of bond?Answer: Clean price transaction refers to transaction that quote with price excluding accrued interests of natural increasing. 2. Question: Among bonds of the Shenzhen Stock Exchange (SZSE) which bond is traded in clean price transaction? Answer: The treasury bonds of the SZSE have started the transaction early in 2002, and the corporate bonds, enterprises bond and convertible bonds with detachable call warrants use the transaction also. However, convertible corporate bonds and to-be-listed exchangeable bonds will still be transacted in full price because of shares swap and shares swap rights. .......

Evolving with the development of internet, the Renrou search engine often focuses on certain social phenomenon. Recently, the Renrou search on information of listed companies has becoming a hot topic in the market, which attracts high attention from investors.

Earlier, the 7th “March 15 online consultation on investors’ rights protection” was jointly kicked off by Shenzhen Stock Exchange (SZSE), Shenzhen Branch of China Securities Depository and Clearing Corporation Limited and Shenzhen Securities Information Co Ltd, aiming at promoting the know-how of securities investment and protecting investors’ legal rights.

The Shenzhen Stock Exchange (SZSE) and the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited will jointly launch an online consultation campaign of “March 15” investors’ rights protection on March 13, in a bid to promote the know-how of securities investment and protect investors’ legal rights.  

The Shenzhen Stock Exchange (SZSE) held the 10th sponsor institutions joint meeting in Shenzhen on February 13, 2009.  In respect of new problems and new opportunities aroused from the breeding and sponsoring of small and medium-sized enterprise (SMEs) who plan to go public, the meeting aims to exchange experiences in breeding and sponsoring in a bid to push and raise the sponsoring quality and improve the quality control system and the continuing supervision mechanism.

The Shenzhen Stock Exchange (SZSE) unveiled trading suspension for holidays of 2009 pursuant to holiday announcement of the China Securities Regulatory Commission.

December 31, 2008                                                      Value    Change (±)*  Change (％)SSE Composite Index                     553.30  -893.72         -61.76SSE Component Index                   6485.51 -11215.11  -63.36SSE SME Price Index                      2863.99  -3383.57   -54.16

The comprehensive agreement transactions platform of the Shenzhen Stock Exchange (SZSE) is officially run today. The launch of the platform, which is based on block trading and mainly serves institutional investors, indicates that the SZSE is heading towards a multi-layered and diversified approach for its market liquidity service.

The Shenzhen Stock Exchange (SZSE) held the 3rd seminar on acquisitions and restructurings of listed companies recently in a bid to promote the standardized operation of acquisitions and restructurings in listed companies.  Participants discussed issues including practices and innovation of acquisitions and restructurings, industry policy and corporate acquisitions, financial issues involved in acquisitions and restructurings, law practices, risk and control in overseas investment and acquisitions, and acquisition loans.

Members of the Shenzhen Stock Exchange (SZSE) and qualified investors will be allowed to handle block trading and agreement transactions of special assets management through the comprehensive agreement transactions platform, starting from January 12, 2009, the SZSE said today.

Shenzhen Stock Exchange Market Overview   2008-12-25

Indicator	Today	Pre-day	Change±	High of Year	Date of High
SSE Component Index	6,785.04	6,845.6	-60.56	19,141.13	2008-01-14
SSE Composite Index	573	575.07	-2.07	1,576.5	2008-01-15
SSE SME Price Index	2,841.12	2,819.65	21.47	6,613.56	2008-01-15
No. of Listed Companies	740	740	0
No. of Listed Securities	964	964	0
Market Trading value(RMB Mil.)	24,636.69	28,150.65	-3,513.95	103,189.63	2008-01-08
Stock Issued Capital(Mil.)	344,063.47	344,063.47	0	344,063.47	2008-12-25
Stock Negotiable Capital(Mil.)	199,469.16	199,458.8	10.36	199,469.16	2008-12-25
Stock Market Value(RMB Mil.)	2,495,190.62	2,504,221.56	-9,030.93	6,255,935.77	2008-01-15
Stock Negotiable Market Value(RMB Mil.)	1,296,946.68	1,303,119.98	-6,173.3	3,141,337.86	2008-01-15
Stock Trading Value(RMB Mil.)	22,731.23	25,920.34	-3,189.11	92,163.77	2008-01-08
Average Stock Price	7.25	7.28	-0.03	22.4	2008-01-15
Average P/E Ratio	17.19	17.25	-0.06	76.13	2008-01-15
Average Turnover Rate	1.82	2.1	-0.28	4.56	2008-12-04
No. of Investors	75,024,666	75,007,287	17,379	75,024,666	2008-12-25