上海证券交易所

LOGO,单击添加署名或公司信息,Page2,BriefIntroduction1,TheShanghaiStockExchange(SSE)wasfoundedonNov.26th,1990andinoperationonDec.19ththesameyear.ItisamembershipinstitutiondirectlygovernedbytheChinaSecuritiesRegulatoryCommission(CSRC).（中国证监会）,TheSSEbasesitsdevelopmentontheprincipleoflegislation,supervision,self-regulationandstandardizationtocreateatransparent,open,safeandefficientmarketplace.（按照“法制、监管、自律、规范”的八字方针，上海证券交易所致力于创造透明、开放、安全、高效的市场环境）,Page3,BriefIntroduction2,3,TheSSEendeavorstorealizeavarietyoffunctions:providingmarketplaceandfacilitiesforthesecuritiestrading(提供证券交易的场所和设施);formulatingbusinessrules(制定证券交易所的业务规则);acceptingandarranginglistings(接受上市申请，安排证券上市）;organizingandmonitoringsecuritiestrading(组织、监督证券交易);regulatingmembersandlistedcompanies(对会员、上市公司进行监管);managinganddisseminatingmarketinformation.(管理和公布市场信息),Page4,HistoricalReview1,Shanghaiwasthefirstcityinchinatoseestock,stocktradingandstockexchanges.StocktradingstartedinShanghaiasearlyas1860s,In1891,theShanghaiSharebrokersAssociation（上海股票经济协会）wasestablished,whichwasregardedastheprimitiveformofstockbourses(股票交易所）inChina,Laterin1920and1921,theShanghaiSecurityGoodsExchangeandtheShanghaiChineseSecurityExchangecommencedoperationsrespectively.,Page5,HistoricalReview2,双击添加标题文字,双击添加标题文字,双击添加标题文字,Bythe1930s,ShanghaihademergedasthefinancialcenteroftheFarEast,wherebothChineseandforeigninvestorscouldtradestocks,debentures（公司债券）,governmentbondsandfutures（期货）.,In1946,ShanghaiSecuritiesExchangeCo.,Ltd.wascreatedonthebasisofChineseSecurityExchange,butceased（停止）operationsthreeyearslaterin1949.,Since1980,Chinassecuritiesmarkethasevolvedintandemwiththecountrysintroductionofreformandopeninguppolicyandthedevelopmentofsocialistmarketeconomy.,Page6,In1981,tradingintreasurybondswasresumed.In1984,stocksandenterprisebondsemergedinShanghaiandafewothercities.OnNovember26,1990,ShanghaiStockExchange(SSE)cameintoexistence,andonDecember19ofthesameyear,itstartedformaloperations.,HistoricalReview3,Page7,ChairmanandPresident,Chairman:GuiMeiJie,President:HuangHongyuan,Page8,Page9,OrganizationalStructureoftheSSE,GeneralAssembly:ThesupremeauthorityoftheShanghaiStockExchange.,BoardofGovernors:Thedecision-makingbodyoftheShanghaiStockExchange,BoardofSupervisors:ThesupervisorybodyoftheSSE,independentlyexercisingtherightsofsupervisionbylaw.,ExecutiveOffice:Internalcoordinationandadministration.,Page10,Transactioncategories,Ashare(RMBordinaryshares),Stock,Bshare(RMBspecialshares,文字内容,Open-endfundsExchange-tradedfunds,Fund,Closed-endfundsInnovativeclosed-endfunds,文字内容,DerivativeDerivative,文字内容,Bond,CorporatebondsConvertiblebonds,nationaldebtLocalgovernmentbonds,Page11,对不同人的尊重体现个人修养,1,Markrtoperations,2,Operationsystems,3,Tradinghours,4,Tradeprinciples,5,Transationmode,Page12,请在这里输入您的标题,01,03,02,04,Fullguaranteeofsafeoperationofnewsystemandcontinuousenhancementofsafetymanagementlevel,Variousmeasurestakentogreatlypromotethedevelopmentofthebondmarket,Continuousenhancementofmarketservices,andconsistentpromotionofblue-chipstock蓝筹股marketestablishment,Enhancementofall-roundsupervisoryfunctionandpromotionofdevelopmentbasedonsupervision,MARKETOPERATIONS,Page13,请在这里输入您的标题,05,07,06,KeyfocusondevelopmentoftradingfundsoftheExchangeforstabledevelopmentofinnovativeproducts,Safeguardingorderlydevelopmentofallbusinesses,andevaluationofbasicinfrastructures,Keepupwithbusinessdevelopmentandcreateabrandforinvestoreducation,Page14,请在此处输入您的标题,Centralizedauctiontradingsystem,1,Blocktradingsystem,2,Fixedincomesecuritiesintegratedelectronicplatform,3,Operationsystems,Page15,TradingHours,fromMondaytoFriday.ancallauction集合竞价9:15-9:25acontinuousauction连续竞价9:30-11:30.Intheafternoonmarketsession,continuousauction13:00-15:00.Intentordersforblocktrades大宗交易意向订单9:30-11:3013:00-15:30executionordersforblocktrades执行订单15:00-15:30.Specialblocktradebusiness临时性的15:00-17:00ThemarketisclosedonSaturdays,SundaysandotherpublicholidaysannouncedbySSE.,Page16,Tradeprinciples,2.Timepriority,1.Pricepriority,三大标准组织介绍,HigherpricestobuylowerpricestobuyLowerpricestosellhigherpricestoselldeclarepriorityThesameprice,accordingtotime,Tradeprinciples,Page17,Electronicauctiontrading,Transactionmode,Thesaleofalllistedsecuritiestr