Shanghai Finance

Financial Center

China launches CIPS to shore up yuan’s global clout

The first phase of China International Payment System (CIPS) developed by the People’s Bank of China was officially launched in Shanghai on October 8. It’s an important financial infrastructure providing capital clearing and settlement...

Major Financial Market Organizations in Shanghai

1. Shanghai Stock Exchange (SSE) The Shanghai Stock Exchange (SSE) was founded on Nov. 26th,1990 and in operation on Dec.19th the same year. It is a membership institution directly governed by the China Securities Regulatory Commission(CSRC)....

Major Operation Conditions of Shanghai Financial Market

1. Credit Market As of the end of 2013, total deposit in Shanghai amounted to 6.92 trillion yuan. New deposit accumulated in 2013 was 547.43 billion yuan, 9.51 billion yuan more than the previous year. The characteristics of deposit growth...

Construction of Shanghai Financial Market System

Developing financial market is key to construction of Shanghai as a financial center. Currently, Shanghai’s financial market system has been maturing as a national market for stocks, bonds, currency, exchange, commodities, financial futures,...

Markets

SSE Comp Hang Seng NIKKEI 225
S&P 500 Dow Jones Nasdaq