Shenzhen Stock Exchange becomes world’s best

Global Business

China’s Shenzhen Stock Exchange is one of the country’s three stock markets and it’s on a hot streak. It has become the world’s best performing stock markets this year. CCTV’s Wu Lei filed this report from Shenzhen.

Highlights: 

  • By the end of April 23rd, 2015, there were 1,665 listed companies on the Shenzhen stock exchange with a market capitalization of $3.4 trillion. Shares on this Exchange have surged 55 percent this year, becoming the world’s best performing stock market.
  • Late last year, China opened up its Shanghai-Hong Kong stock connect program. This March, Chinese Premier Li Keqiang said China will also link trading between its Shenzhen and Hong Kong stock markets in 2015, which will allow investors in Shenzhen and Hong Kong to buy the other’s specially-designated stocks through local securities companies or brokers.
  • The launch date of the Shenzhen-Hong Kong Stock connect program has not yet been announced.