The Philippine Stock Exchange (PSE) and Shenzhen Stock Exchange (SZSE) have held several exchange visits to discuss potential areas for collaboration between the two exchanges. Aside from potential technological partnerhips, both exchanges are also exploring an index cooperation project which would include cross-promotion of indices in respective websites of each exchange. These initiatives are in line with the MOU between the PSE and SZSE signed on 22 April 2009 to promote information sharing, capacity building, product development and cross-border listing and trading between the two exchanges.
Shenzhen Stock Exchange (SZSE) Overview
Shenzhen Stock Exchange (SZSE), established on 1st December, 1990, is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). Its main functions include: providing the venue and facilities for securities trading; formulating operational rules; receiving listing applications and arranging securities listing; organizing and supervising securities trading; supervising members; regulating listed companies; managing and disseminating market information; and other functions as approved by the CSRC.
As of 31st December 2018, the SZSE recorded 2,134 of listed companies, 16.54 trillion yuan (US$2.41 trillion) in market capitalization, 49.73 trillion yuan (US$7.56 trillion) of total turnover.
Shenzhen Securities Information Co., Ltd. is a wholly-owned subsidiary of SZSE and is authorized by SZSE to be responsible for index research and development, operation and marketing.
The Shenzhen Component Index is designed to represent the performance of the multi-tier Shenzhen stock market, providing market participants with a comprehensive benchmark and effective investment tools of the innovative and fast-growing market. The SZSE Component Index is free-float capitalization-weighted and comprises the 500 largest and most liquid A-share stocks listed and trading on the Shenzhen Stock Exchange.
The Shenzhen100 Index is a free-float capitalization-weighted equity index and comprises the 100 largest most liquid A-share stocks listed and trading on the Shenzhen Stock Exchange. The SZSE100 Index is defined as the ‘fast -growing Blue-chips index’ because the 100 constituents have assembled those leading listed companies from both traditional industries and new economy industries.
Mirae Asset China Shenzhen 100 Index Equity Master Investment Trust
Mirae Asset China Shenzhen 100 ETN
Founder Fubon Shenzhen 100 ETF
Founder Fubon Shenzhen 100 ETF Feeder Fund
Yinhua Shenzhen 100 ETF
The ChiNext was inaugurated in Shenzhen on 23 October, 2009. As a unique and essential segment in China’s multi-tier capital market structure, the ChiNext Market foster innovative businesses and emerging industries. As the benchmark and flagship index of the ChiNext Market, the ChiNext Index is free-float market capitalization-weighted and comprises the 100 largest and most liquid A-share stocks listed and trading on the ChiNext Market of the Shenzhen Stock Exchange.