According to the provisions of the Securities Law, the Exchange shall supervise the information disclosure of listed companies and conduct real-time monitoring of securities transactions.
(1) Information disclosure supervision. The main purpose of the exchange's supervision of company information disclosure is to urge listed companies to disclose information timely and accurately according to law, and its main contents include three aspects, namely, daily information disclosure supervision of listed companies, market information supervision and operation supervision.
① The supervision of daily information disclosure mainly includes the supervision of regular reports (annual report, interim report and quarterly report) and interim reports (resolutions of the board of directors, the board of supervisors and the shareholders' meeting, purchase and sale of assets, related transactions, other major events, abnormal fluctuations in stock transactions, and merger and division of companies).
(2) Market information supervision mainly includes unpublished information of listed companies in newspapers, internet and other media and abnormal fluctuation information of the stock market.
③ The operation supervision of listed companies mainly refers to the supervision of the exchange on the standardized operation of companies according to the provisions of laws and administrative regulations.
(2) Real-time monitoring and supervision. Through the trading monitoring system, the exchange conducts real-time dynamic monitoring and post-event statistical analysis of securities trading activities, and monitors trading risks such as suspected violations and potential market manipulation and insider trading with the help of the system's early warning and alarm of abnormal price fluctuations and trading behaviors. At the same time, according to the requirements of the CSRC, report abnormal transactions.