At the end of Guangxu, Liang Qichao initiated the organization of a joint-stock company with the nature of an exchange, which was not approved. Later, Yuan Zizhuang and others ran around and advocated the establishment of a stock exchange.
19 16, in order to raise revolutionary funds, Sun Yat-sen and Yu Qiaqing and others jointly wrote to the Ministry of Agriculture, Industry and Commerce, requesting to open an exchange in Shanghai, but the Beijing government refused to approve it on the grounds that securities and articles could not be traded at the same time. After many efforts, the Beijing government finally promised the people of China to set up their own stock exchange.
The first stock exchange in new China is the Shanghai Stock Exchange, which was established in Shanghai on1October 26th with the number 1990 165438+ and opened on February 9th of the same year.
Shanghai Stock Exchange
Shanghai Stock Exchange was established on 1990,165438+126, and opened in the same year,12, 19. Is a non-profit legal person, directly managed by the China Securities Regulatory Commission. Shanghai Stock Exchange adheres to the eight-character policy of "legal system, supervision, self-discipline and standardization" and is committed to creating a transparent, open, safe and efficient market environment and effectively protecting the rights and interests of investors. Its main functions include: providing places and facilities for securities trading; To formulate the business rules of the stock exchange; Accepting listing applications and arranging the listing of securities; Organizing and supervising securities trading; Supervise members and listed companies; Manage and publish market information.