1. The Shanghai Stock Exchange is one of the two stock exchanges in Chinese mainland. At the end of 20 18, there were 1450 listed companies in Shanghai, with a total market value of 27.0 trillion yuan. In 20 18, the accumulated stock turnover was 40.3 trillion yuan, with an average daily turnover of165.9 billion yuan, and the total stock market financing was 611400 million yuan; Only 12089 bonds were listed in the bond market, with a custody volume of 8.4 trillion yuan and a cumulative turnover of 2 16.9 trillion yuan; There are only 233 fund markets with a total turnover of 7.2 trillion yuan; The total annual turnover of derivatives market was 654.38+0798 billion yuan. The number of accounts opened by investors in Shanghai stock market has reached 29,665,438+10,000.
2. Shanghai Stock Exchange is a member of the International Organization of Securities Commissions, the Federation of Asian and Oceania Exchanges and the World Federation of Exchanges. After years of sustained development, Shanghai securities market has become the leading market in China, with the number of listed companies, listed stocks, total market value, circulating market value, total securities turnover, stock turnover and national debt turnover ranking first. In March 1 1, 2065438, there were 954 listed companies in SSE, with 22 14 listed securities, and the total stock market value was 1607538+0 billion yuan. Listed companies have raised a total of 25 trillion yuan; A large number of pillar enterprises, backbone enterprises, basic industrial enterprises and high-tech enterprises in the national economy have raised development funds through listing and changed their operating mechanisms.
: securities company
A securities company is a legal person enterprise specializing in securities trading. Divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities business company, which refers to a specialized institution that has obtained the business license issued by the relevant administrative department for industry and commerce with the approval of the competent authority and engaged in securities business. With the membership of the stock exchange, you can underwrite the issuance of securities, conduct proprietary trading or act as an agent for proprietary trading. Ordinary investors should invest in securities through securities firms.
Two, in different countries, securities companies have different names. In the United States, securities companies are called investment banks or securities brokers; In Britain, securities companies are called commercial banks; In continental Europe (represented by Germany), because of the mixed operation system, investment banks are only a department of universal banks); In East Asia (represented by Japan), it is called a securities company.
Three. Decision of the board of directors of a listed company to hire a lead underwriter. After due diligence, the lead underwriter shall reach an agreement with the board of directors on the new share issuance plan and agree to recommend the listed company to issue new shares to the China Securities Regulatory Commission. Investment is risky, so choose carefully.
Four, the functions of securities companies can be divided into: securities brokers, securities brokerage companies. Securities institutions dealing in securities accept the entrustment of investors to buy and sell securities on their behalf, and charge a certain fee, that is, commission, such as Soochow Securities Suzhou Sales Department and jianghai securities Brokerage Company. A securities firm is a comprehensive securities company. Besides the authority of a securities brokerage company, it can also buy and sell securities on its own. They are well-funded and can directly enter the exchange to buy and sell stocks for themselves. For example, Guotai Junan Securities. An institution that helps issuers sell securities through underwriting or consignment. In fact, many securities companies are engaged in these three businesses at the same time. According to national practices, member companies of stock exchanges can conduct proprietary trading in the trading market, but few securities companies specialize in proprietary trading. In addition, some certified innovative securities companies also have the authority to create warrants, such as CITIC Securities. A securities registration company is a service organization for centralized registration and transfer of securities. It is an indispensable part of securities trading and has the nature of management. It can only be established after approval by the competent department.