China Stock Market Information

Chinese shares open slightly higher on Wednesday

Wed, 18 Nov 2009 03:17:21 +0000

BEIJING, Nov. 18 (Xinhua) -- Chinese shares opened higher on Wednesday after Wall Street's rally overnight.

The benchmark Shanghai Composite Index rose 0.13 percent to open at 3,287.26 points.

The Shenzhen Component Index climbed 0.08 percent to 13,681.9 points at the opening.

Overnight, The Dow Jones rose 0.29 percent, or 30.46 points to 10,437.42.

Tags - chinese share , china stock market

53 billion of new funds to reinforce Chinas stock market

Thu, 18 Jun 2009 16:53:16 +0000

IPO restart soon, whether it is the circulation of the new fund or fund accounts were a record high. Investment ratio in accordance with the scale and a rough estimate, about 53 billion market for incremental funding.

This week issued a new fund-intensive weeks, according to statistics, a total of 11 new funds in the hair. Guangfa Swiss equity funds together to raise the scale of the first to reach 7.07 billion yuan, more than one bank in April this year, the Department of Agricultural Bank Fund fund balance Shuangli first raised 64 billion yuan, a record this year, open the first equity fund size of a new high. Another of Gordon's latest data released last week, Shanghai and Shenzhen fund accounts reached 55,193, compared to one week prior to the 2 percent increase, a record 11 weeks since the fund to open an account a few weeks a new high.

From this year to raise the scale of the new fund, the equity fund to capture, the second hybrid funds.

As of June 17, wind data, 51 this year has been set up to raise fund size of 114.792 billion yuan, with an average size of 2.251 billion yuan raised is in the same period in 2008 to raise new funds of 1.40 times the size of an average raise of 1.29 times the size of . Over the same period in 2008, a total of 47 fund-raising, the size of 82.0909 billion yuan, an average of 1.747 billion yuan raised.

Classification type, the 20 year bond-type funds raised a total of 35.3862 billion yuan, with an average size of 1.769 billion yuan raised; 14 hybrid funds raised 19.792 billion yuan, an average of 1.414 billion yuan raised; 18 equity fund raising 561.827 billion, an average of 3.121 billion yuan raised. The same period in 2008, 17 equity funds raised 30,756,600,000 yuan, with an average size of 1.809 billion yuan raised; six hybrid funds raised 2.899 billion yuan, with an average of only 483 million yuan raised.

The basis of this calculation, in 2009 and 2008 compared to the same period, equity funds raised this year, the scale is 1.83 times in 2008, is the 2008 average of 173 times to raise the scale; hybrid funds compared to the same period this year the amount raised last year 6.83-fold over the same period, the average raise in 2008 of 2.93 times the size.

Well, this year issued new fund much of the market while the amount of funding it?

A pro-rata basis in accordance with the investment, as a general equity fund investment ratio of 60% ~ 90%, and mixed in the proportion of funds investing in stocks in 30% to 80%, and therefore the market of hybrid fund of funds in the amount of 5.938 billion yuan ~ 15,834,000,000 yuan; equity fund of funds into the market volume of 33.71 billion yuan in ~ 50.564 billion yuan. Bond funds into the market was relatively small, the largest share of 20%, but there are some bond funds do not participate in secondary market transactions, the stock market funds less negligible for the time being, the market故偏stock funds of funds 39648000000 ~ 66,398,000,000 yuan yuan. Compromise, the current partial funds into the market shares of about 53 billion yuan of funds.

It is noteworthy that, behind the active fund sales there may be good insurance and credit institutions.

Recently the market rumors, in order to hedge the impact of IPO on the market, insurance companies will buy the fund through the stock market indirectly. It was also stated that a large-scale insurance companies would buy a fund through the stock market, capital may be in the tens of billions around, perhaps, many companies are able to have the honor to win a share of the Fund. However, the news has not yet been confirmed that the person concerned.

By the multi-press interviews, from a joint venture insurance companies in Shanghai that the company did recently buy a fund company hundreds of millions of funds, but instead of buying because the market as speculation is not known. And another smaller fund companies said that the recent action is not.
Tags - china stock market , ,fund,stock

Chinas securities market innovations

Mon, 15 Jun 2009 16:08:31 +0000

A few days ago, the china stock industry was highly concerned about the "GEM investors Provisions for appropriate management", "GEM investors to implement the appropriate management approach" and "GEM investment risk revealing book" relevant supporting documents. Guoxin Securities, GF Securities and Huatai Securities and other stakeholders in an interview with reporters that the composition of the above three levels of the Growth Enterprise Market of the management of investors appropriate system prototype, "appropriate management" system proposed by not only help investors get a clear understanding of the investment risks of the GEM, but also in the maintenance of the capital market, "Three" principles to better protect the interests of investors, the innovation of China's securities market.

Give up the "double limit" highlight "fair + protection"

Guosen Securities believes that compared to other markets and unrestricted assets of the previous market expectations and investment experience double the size limits are promulgated regulations of the appropriate investment experience only a matter of principle for the request and stressed that the investment risk to reveal and education, better able to take into account the fairness of the market and the risks, both to ensure the wide participation of Xinhuanet investors the right to market, but also stressed the importance of effective risk prevention, the protection of the interests of small and medium investors.

Huatai Securities analysis, relevant documents involved in the main, such as investors, brokerage firms, as well as the responsibility of regulatory bodies are more different from that seen in the past: For investors, the threshold of reasonable access, process simple; of securities, the the management of the customers a higher demand; abnormal trading will be the focus of monitoring.

Brokerage firms to promote changes in the existing business model

"GEM is not the appropriate regulatory requirements of a simple 'threshold' concept. In addition to applications for investors to open transaction GEM procedural arrangements, securities companies also continue to follow-up to do a good job in customer services, risk education and the transaction code of conduct such request. "Guosen Securities pointed out. Therefore, in addition to the requirements of securities companies and improve the internal system of the specific business and operational guidelines, strict enforcement of the GEM to open access and the principle of the transaction, but also the need for investors to know more about, including the identity of investors, property and income, Securities and investment objectives, risk preferences and other information, on the one hand, objective information can effectively determine these risk tolerance of investors, on the other hand, can also be carried out on the basis of a targeted, risk diversification prompt, customer training and education to guide the rational investors to participate in GEM markets.

In addition, the securities companies as a specific implementation of management systems, and should effectively implement customer transaction management responsibilities, to take effective measures to monitor and unusual constraints customer transactions and guide customers to participate in the GEM rational transaction.

"As investors, the appropriateness of the management of securities companies by the implementation of specific operations, the securities brokerage company's management has put forward higher requirements." Huatai Securities, said.

First, the GEM in the specific market for the opening formalities, the securities company managers should personally witnessed the signing of the GEM investors the investment risk revealed book, and at the same time revealed the risk to sign to confirm. This is not a formal process. Securities companies need to work face-to-face with investors on the Growth Enterprise Market of the characteristics and the relevant rules will be prompted to the work of the risk of truly digital.

Second, investors have applied to join the GEM investment, the securities companies through the China Securities Depository and Clearing Corporation of investors trading system verification experience life and learn more about the identity of investors, property and income, risk preferences and other basic information, an objective assessment of risks to help their cognition and affordability. This will help to change the original securities brokerage business management model has been straightened out for the customer information and management at different levels of brokerage customers, the more easy to do the right products will be made available to appropriate consumers. GEM will be attracted to higher risk customers, firms need the right guidance.

Third, securities firms also need to changes in the market to remind investors of risk in time, continuous follow-up services provided to investors, and guide rational investors, norms and participation in open market transactions GEM.

It is not difficult to foresee that the risk of future brokers tasks revealed increased, but also will promote the securities brokerage business by the access system to the service system further restructuring will be dominated by one person.

Investors to further enhance risk awareness

GF Securities said that the regulatory authorities specifically for the GEM to develop an appropriate management system for investors of the main reasons is that compared to the Main Board and GEM markets with its own unique risks. To strengthen risk awareness of investors, the investors to participate in the GEM, GEM should be familiar with the relevant provisions and rules, understanding the risk characteristics of the GEM, with a corresponding risk tolerance, and participation in accordance with the provisions of the GEM procedures. Experience requirements in addition to the transaction, investors should also be an objective assessment of their risk tolerance, a prudent decision of whether to apply for the GEM to open market transactions.

Guoxin Securities also said that investors in the Growth Enterprise Market of the appropriate regulations to ensure that investors not only to share the results of high-growth small and medium-sized, but also allow investors to understand its risks and its own investment risk tolerance, the more effective implementation of and protection of investment interests, is the Growth Enterprise Market of China's development needs. At the same time, the classification management for investors, the establishment of appropriate arrangements for the content of the system of investor protection, investor perceptions of risk so that risk tolerance and investment products and to adapt, not only the needs of the GEM, but also China's multi-level capital market system requirements.

Tags - china stock market overview

SZSE rolls out XBRL information service platform launched for listed companies

Wed, 18 Feb 2009 05:44:19 +0000

The Shenzhen Stock Exchange (SZSE) rolled out the XBRL information service platform for listed companies recently. The platform, optimized and upgraded on the basis of the XBRL trial application website, was launched when listed companies started to unveil their annual reports for 2008.
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Tags - szse , xbrl-information-service , xbrl-platform , listed-companies , szse-listed-companies

SSE Holiday Schedule for 2009

Fri, 26 Dec 2008 02:01:19 +0000

The Shanghai Stock Exchange (SSE) hereby announces holiday schedule for 2009 according to the "Notice of Arrangements concerning Market Closing and Public Holidays in 2009" of the China Securities Regulatory Commission
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Tags - shanghai , stock , exchange

Shangshai stock exchange 180 Corporate Governance Index to Be Launched

Mon, 01 Sep 2008 09:58:14 +0000

The Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd. (CSI) have recently announced that the SSE 180 Corporate Governance Index, a new investment target index for investors, would be launched on September 10, 2008 to indicate trend of the stocks with good corporate governance in the SSE 180 Index. The base day of the index, the same as that of the SSE Corporate Governance Index, is June 29, 2007. Its short description is "SSE 180 Governance", with the base point of 1,000 and the code of "000021".
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Tags - shangshai stock exchange , corporate governance index

Main board companies enjoy performance increase

Mon, 01 Sep 2008 09:48:58 +0000

By 30 August 2008, 488 companies listed at the main board of the Shenzhen Stock Exchange disclosed interim report for the first half of 2008. Statistics from the exchange showed that those companies maintained an upward tendency in performance despite negative elements from both domestic and international economy.
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Tags - shenzhen stock exchange , listed companies , main boardinterim report

Income from main business contributes to performance growth

Mon, 01 Sep 2008 09:33:51 +0000

Companies listed at the Small and Medium-Sized Enterprise Board of the Shenzhen Stock Exchange have finished disclosure of their interim reports of 2008 by 31 August 2008. 10 out of the 268 companies have included their financial information in listing-related documents.
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Tags - small medium sized enterprise board , shen zhen stock exchange