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Factbook 2011

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Factbook 2011 Contents Shanghai Securities Market.......................................................1 Historical Review .........................................................................................................................................1 Securities Products ......................................................................................................................................1 2010 Market Review....................................................................5 Overview....................................................................................................................................................5 Securities Issuance and Listing ......................................................................................................................5 Market Operations .......................................................................................................................................5 Introduction to margin trading and short selling business...................................................................................14 Major SSE Events in 2010...........................................................................................................................16 Market Highlights........................................................................................................................................18 Transactions...............................................................................................................................................18 Stock Indices .............................................................................................................................................18 Ratios .......................................................................................................................................................19 Stock Market ..............................................................................23 Trading System ..........................................................................................................................................23 Trading Relations ........................................................................................................................................23 Table of Fees Charged and Taxes Withheld by SSE ..........................................................................................29 2010 Monthly Trading Volume, Trading Value and P/E Ratio ..............................................................................35 Top 20 Most Traded Stocks by Turnover Volume .............................................................................................36 Top 20 Most Traded Stocks by Trading Value ..................................................................................................37 Top 20 Gainers ..........................................................................................................................................38 Top 20 Losers ...........................................................................................................................................38 Top 10 in Short Selling ...............................................................................................................................40 Top 10 in Margin Trading.............................................................................................................................41 SSE Index Compilation ................................................................................................................................42 SSE Enterprise Bond 30 Index......................................................................................................................50 Number of Constituents in SSE Indices ..........................................................................................................56 Market Cap and Weight of Constituent Stocks in SSE 50 Index..........................................................................57 Market Cap and Weight of Constituent Stocks in SSE 180 Index........................................................................59 Listed Companies .....................................................................73 Issuance Conditions for IPOs .......................................................................................................................73 Listing Conditions for IPOs ...........................................................................................................................77 SSE Guide to Securities Listing Procedures ...................................................................................................77 2011 Fact Book III Conditions for listed companies to issue securities to the public ........................................................................80 Share Placements of Listed Company ...........................................................................................................82 Additional Issuance by Listed Companies ......................................................................................................83 Special Treatment .......................................................................................................................................83 If any of the following circumstances apply to a listed company, other special treatments shall be implemented delisting in the shares of the company:.......................................................................................................................84 Suspension and Termination of Listing ...........................................................................................................84 Listing Agreements ....................................................................................................................................85 Listing Conditions for Convertible Corporate Bonds .........................................................................................86 Listing Conditions for Warrants .....................................................................................................................86 Number and Sector Distribution of Listed Companies .......................................................................................87 Geographical Distribution of Listed Companies ................................................................................................88 Newly Listed Stocks in 2010........................................................................................................................89 Newly Listed Companies in 2010 .................................................................................................................90 Rights Issues by Listed Companies in 2010 ...................................................................................................93 Equity Structure of Listed Companies (2010 year-end).....................................................................................94 Top 50 Listed Companies by Market Capitalization ..........................................................................................95 Top 50 Listed Companies by Market Capitalization ..........................................................................................97 Dividend Distribution by Listed Companies in 2010 .........................................................................................99 Changes of Stock Short Names in 2010.......................................................................................................117 Table of Changes in the Names of Listed Companies in 2010..........................................................................119 Companies Subject to Delisting Risk Warnings in 2010...................................................................................121 Companies Subject to Listing Suspension in 2010 ........................................................................................124 Companies Subject to Listing Termination in 2010..........................................................................................124 Companies Subject to Listing Resumption in 2010.........................................................................................124 Companies Subject to Cancellation of Special Treatment in 2010 .....................................................................125 Listed Warrants ........................................................................129 Listed Warrants(continued) ..........................................................................................................................130 Bond Market .............................................................................133 Conditions for Government Bond Listings ......................................................................................................134 Conditions for Enterprise Bond Listings .........................................................................................................134 Conditions for Corporate Bond Listings .........................................................................................................134 Applications for Corporate Bond Listings .......................................................................................................134 Approval of Corporate Bond Listings.............................................................................................................135 Public Issuance of Convertible Corporate 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