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Stock Exchange

Feature

China's diet plan for data hunger

The increasing number of IPOs of Chinese companies abroad is apparently a thorn in Beijing's side. Officials claim that there is great concern that foreign powers - for example in the US - could access their collected data. It is not yet clear whether the tightened rules are about a power struggle between the state and the private sector, or whether the state is actually committed to protecting its citizens' personal data. It's quite possible that both is true.

By Frank Sieren

The stock exchange in China is divided among three exchanges on the mainland (Shanghai, Shenzhen and Beijing) and one in the Hongkong Special Administrative Region:  - Shanghai Stock Exchange (SSE) was established in 1990 and is the fourth largest stock exchange in the world. It is considered the birthplace of securities trading in China. Thus, it is the most important stock exchange in mainland China.  - Shenzhen Stock Exchange (SZSE) was also established in 1990 and is the second largest stock exchange in mainland China.   - The Hongkong Stock Exchange has been an integral part of the international financial markets for decades. It is the third largest Asian stock exchange after Tokyo and Shanghai and the seventh largest in the world. In contrast, the Shanghai and Shenzhen stock exchanges have comparatively weaker links with foreign countries.  - In 2021, the fourth stock exchange in China and the third on the Chinese mainland was opened: the Beijing Stock Exchange. The Beijing Stock Exchange is to become the number one stock exchange for medium-sized technology and industrial companies. Internationally, it is initially to play a secondary role, but in China it is to be all the more important.    Stock exchange in China: From IPOs to economic & development to stocks & investments - China stock exchange news up to date from Table.Redaktion.