The Stock Exchange plays a big part in the investing world. For instance, if you plan on investing in securities and assets related to China, you may want to consider the Shenzhen Stock Exchange.
But what exactly is the Shenzhen Stock Exchange? Let's get into it!
The Shenzhen Stock Exchange is a stock exchange in the city of Shenzhen in China. It's one of the stock exchanges operating in Mainland China.
Situated in the Futian district of Shenzhen, it is a smaller one than the Shanghai Stock Exchange. It is also the 9th largest stock exchange in the world and 4th largest in Asia.
The Shenzhen stock exchange index comprises the 500 most extensive and most liquid A-shared traded on the Shenzhen Stock Exchange.
As of July 2020, the Shenzhen stock exchange has 1530 listed companies in it. The majority of it was manufacturing enterprises, taking up 67% of the stock exchange. Tech companies also take up 10% of the stock exchange.
Among the best companies listed in it are the following:
The Shenzhen stock exchange has pre-market sessions from 09:15 am to 09:25 am. Still, the regular trading hours start at 09:30 am to 12:30 pm and 01:00 pm to 3:00 pm China Standard Time.
The trading days are from Mondays to Fridays except during holidays declared by the Exchange in advance.
The Shanghai and Shenzhen exchanges both started by the Chines Government in 1990. Shenzhen is a smaller exchange than the one in Shanghai. Moreover, it has a market capitalization of $3 trillion last April 2015.
A stock exchange is crucial for every investor for many reasons. For instance, it's the location that brings corporations and governments, allowing investors to buy and sell equities.
You must understand the stock exchange because it's where you'll find the opportunities that suit your preference.
Isn't Shenzhen Stock Exchange right for you? Check its best alternatives.