China

Penny stocks Vs Yuan stocks

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). The china stock market is also known  as the “The Shanghai Stock Exchange “. The SSE bases its development on the principle of “legislation, supervision, self-regulation and standardization” to create a transparent, open, safe and efficient marketplace. The SSE endeavors to realize a variety of functions: providing marketplace and facilities for the securities trading; formulating business rules; accepting and arranging listings; organizing and monitoring securities trading; regulating members and listed companies; managing and disseminating market information.

The Shanghai Stock Exchange (SSE) (simplified Chinese: 上海证券交易所; traditional Chinese: 上海證券交易所; pinyin: Shànghǎi Zhèngquàn Jiāoyìsuǒ) is a Chinese stock exchange based in the city of Shanghai, with a market capitalization of nearly US$3.02 trillion (2007) making it the largest in mainland China and fifth largest in the world. The current exchange was re-established on November 26, 1990 and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC).

Mainland China has a second, smaller, stock exchange: the Shenzhen Stock Exchange, located in the city of Shenzhen. The distinction is made for Mainland China because the Hong Kong Stock Exchange, located in the special administrative region of Hong Kong, is the largest stock exchange in China, and has a separate history.

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SSE’s top ten largest stocks

Source: Shanghai Stock Exchange (market values in RMB/Chinese Yuan). Data arranged by market value. Updated on 19 March 2008

PetroChina (3,656.20 billion)
Industrial and Commercial Bank of China (1,417.93 billion)
Sinopec (961.42 billion)
Bank of China (894.42 billion)
China Shenhua Energy Company (824.22 billion)
China Life (667.39 billion)
China Merchants Bank (352.74 billion)
Ping An Insurance (272.53 billion)
Bank of Communications (269.41 billion)
China Pacific Insurance (256.64 billion)

China And Australia trading partners

A key longer-run trend is the importance of the Chinese economy to Australia. And while many focus on China’s demand for our iron ore, coal and base metals, more Chinese tourists and students are also travelling down under. In fact services revenue from China alone has risen almost 150% over the past five years.

China/Hong Kong is now Australia’s largest trading partner in physical goods and services (such as tourism and education). Just five years ago the US was in top spot, ahead of Japan and China. The ascendancy of China is remarkable but the fall in importance of the US is probably just as remarkable.

* The stock market to take away part of their savings

China’s stock market in a record-breaking five-year, while the monthly savings and the amount of Chinese residents have also broken a record of 5 years, there has been since June 2001 the first decline since. China’s central bank data show that savings of Chinese residents in October from the previous month reduced by 10 billion dollars. U.S. media analysis, as part of savings deposits have been diverted into the stock market. Reported that China has long maintained high savings rates, mainly because of the lack of reliable alternative investment channels. Today, the investment outlook is a change could make a lot of Chinese people began to hand more money to put into the stock market. However, the U.S. media that “In China, the annual income of wage earners in general will be 1 / 4 for savings, while savings decline in October, but this year the total amount of savings continues to grow.” The article emphasized that China’s household savings is the sum of the funds is cause for concern, its size than any other one type of market funds, including foreign investment, are greater than that.

The China stock market concept

The China stock market is already issuing price of the stock on time to transfer, sale and circulation of the market, including the exchange market and OTC market in two parts. Because it is built on the basis of the distribution market, also known as the secondary market. In contrast, shares in circulation market structure and trading activities more complex than the distribution market, its role and influence of even greater.

* Create a bullish stock market reform

The United States, “Wall Street Journal,” analysts believe that China’s stock market continued good reason, reform is a key factor in full circulation. The article said China’s regulatory authorities in May last year, made a move “dangerous step” and demanded the implementation of the stock of listed companies tradable reform, “China’s stock market opened this tide curtain” to stimulate many people chase the market. This year, China’s new individual stock investment account for nearly 400 million, overwhelmed by the major securities firms. “Financial Times” said that only the Shanghai Stock Exchange in respect of the six sub-IPO fund-raising 8.6 billion U.S. dollars, but also highlights the Chinese mainland investors has been pent-up demand.

“Financial Times” commented that China surpassed the competitors, “shows that China’s influence is increasingly expanded significantly.” Merrill Lynch Asia Pacific in Hong Kong, Central, head of capital markets, said Ian Gordon, China’s stock market performance shows that large companies to obtain sources of funding, no longer having to be in London or New York to the market. The Associated Press reported that the face of China’s stock market momentum, the New York Stock Exchange chief executive officer, said they are planning to open an office in Beijing to attract more Chinese companies listed on stock exchanges in the United States.

U.S. media quoted the President of China equities at JP Morgan Chase Jing’s comments, said the reform of the biggest benefits of full circulation and the most critical turning point, is to make the interests of corporate management and shareholders bundled together. This reform changed the past, listed companies in China usually have 2 / 3 of the stock does not flow situation. Although the reform is unlikely to be completed this year, fully tradable, but the reform has entered the final stage. Taking into account such factors as market liquidity increases are expected next year, the Shanghai Composite Index also rose 20% -30%.

The article added that the new provisions introduced in real estate also contributed to the development of China’s stock market. Recently, the Chinese Government promulgated a series of measures to curb the overheated real estate investment new rules, squeeze real estate investment market bubble. Experts said that at present the Chinese people in the hands of hot money are only two major investment channels: Real estate and the stock market. Real estate new provisions introduced in promoting investment in the stock market has played an indirect role in promoting.

And then there is India. Five years ago India wasn’t in the top 10 for export destinations. Now it is in fifth spot with exports more than quadrupling.

Investors always have to keep an eye on the big picture, and the growing importance of China and India clearly fit the bill.

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