From Humble Beginnings to Trillion-Dollar Market
Marking its 35th anniversary on November 26, 2025, the Shanghai Stock Exchange (SSE) stands as a testament to China's economic transformation. Launched in 1990 with just 30 listed securities, the exchange now boasts over 2,300 companies with a combined market capitalization exceeding 60 trillion yuan ($8.5 trillion), cementing its position among the world's top financial hubs.
Pioneering Cross-Border Innovation
The 2014 Shanghai-Hong Kong Stock Connect revolutionized global access to China's markets, enabling overseas investors to trade A-shares through Hong Kong. This breakthrough paved the way for inclusion in major indices like MSCI and FTSE Russell, accelerating international capital flows.
Tech-Driven Growth Engine
Six years after launching the STAR Market in 2019, this Nasdaq-style board continues driving innovation in semiconductors, AI, and biomedicine. The registration-based IPO system has attracted 580+ high-tech firms, injecting vitality into China's strategic industries.
Two-Way Global Integration
The 2019 Shanghai-London Stock Connect remains operational, facilitating cross-border listings between Chinese and British companies. As SSE enters its fourth decade, market watchers anticipate new reforms to deepen China's financial market integration with global capital flows.
Reference(s):
cgtn.com
