After nearly two years of the bull market, showed the Shanghai Composite Index, the following two actions A and B, a bad performance since October 2007. In 2008, the Shanghai Stock Exchange (SSE), an annual loss of more than 60% suffered plunged 2560 points and the worst performance in Asia. No doubt, the primary task of the ESS to stability in the development of the market to maintain. Transaction security and proper functioning of the market, the construction of the blue-chip market, negotiation mechanism on the market, product innovations such as ETF SZSE300 SHSE index and the bond market’s priorities.
Shanghai, a city with historically close ties with the West, was an international business center, but the Chinese capital market in some respects still relatively isolated from international markets. Built around the goal of China to Shanghai into an international financial center and shipping center by 2020, Shanghai has steps to develop more complex investment products ingested, provide a favorable tax policies for foreign investors to gain, building a multi-layered financial market and promote the opening of financial services in the city. Investors to comply with the idea of building Shanghai into an international financial center, which led to an increase of 3.1% to 2361.70 Instant Shanghai index. Action is to be found for the first time, China is enabling foreign companies to list in Shanghai. Foreign companies would be allowed to raise funds for the Shanghai Stock Exchange, also issue bonds in China. This could mean new to the company interested in expanding their business in China and the Asian markets. When the financial system and opens the third-largest economy, more and more global players in the financial world are interdependent. » Read more: Chinese Stock Market – Time to Invest?