Fact Book 2013
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Fact Book 2013 Contents Shanghai Securities Market.......................................................1 Historical Review .........................................................................................................................................1 Securities Products ......................................................................................................................................1 2012 Market Review....................................................................5 Overview ....................................................................................................................................................5 Securities Issuance and Listing ......................................................................................................................5 Major Events in the Securities Market 2012 ....................................................................................................6 Market Highlights .........................................................................................................................................9 Transactions ................................................................................................................................................9 Stock Indices .............................................................................................................................................10 Ratios .......................................................................................................................................................10 Stock market: .............................................................................13 Trading system ...........................................................................................................................................13 Trading relations ........................................................................................................................................13 Table 1: Breakdown of Centralized Trading Business ........................................................................................15 Table 2: Breakdown of Trading-related Services ..............................................................................................17 Table of Fees Charged and Taxes Withheld by SSE ..........................................................................................19 2012 Monthly Trading Volume, Trading Value and P/E Ratio ..............................................................................24 Top 20 Most Traded Stocks by Turnover Volume .............................................................................................25 Top 20 Most Traded Stocks by Trading Value ..................................................................................................26 Top 20 Gainers ..........................................................................................................................................27 Top 20 Losers ...........................................................................................................................................28 2012 Top 10 in Margin Trading ....................................................................................................................29 2012 Top 10 in Short Selling ......................................................................................................................29 SSE Index Series uses “point” as the unit of calculation .....................................................................................30 Number of Constituents in SSE Indices ..........................................................................................................33 Market Cap and Weight of Constituent Stocks in SSE 50 Index..........................................................................34 Market Cap and Weight of Constituent Stocks in SSE 180 Index........................................................................36 Market Cap and Weight of Constituent Stocks in SSE 380 Index........................................................................42 Listed Companies .....................................................................65 Issuance Conditions for IPOs .......................................................................................................................65 Listing Conditions for IPOs ...........................................................................................................................69 SSE Guide to Securities Listing Procedures ...................................................................................................69 2013 Fact Book III Documents to Be Submitted When Applying for an IPO and Listing ...................................................................72 Conditions for listed companies to issue securities to the public ........................................................................72 Share Placements of Listed Company ...........................................................................................................75 Additional Issuance by Listed Companies ......................................................................................................75 Risk Warnings ............................................................................................................................................75 If any of the following circumstances apply to a listed company, other risking warnings shall be imposed on the shares of the company: .............................................................................................................................................76 Listing Agreements ....................................................................................................................................76 Listing Conditions for Convertible Corporate Bonds .........................................................................................77 Listing Conditions for Warrants .....................................................................................................................77 Appendix: Agreement on Securities Listing .....................................................................................................77 Sector Distribution and Number of Companies ................................................................................................80 Geographical Distribution of Listed Companies ................................................................................................81 Newly Listed Stocks in 2012........................................................................................................................82 Newly Listed Companies in 2012 .................................................................................................................83 Rights Issues by Listed Companies in 2012 ...................................................................................................85 Equity Structure of Listed Companies (2012 year-end) .....................................................................................86 Top 50 Listed Companies by Market Capitalization (2012 year-end) ..................................................................87 Top 50 Listed Companies by Tradable Market Capitalization (2012 year-end) ......................................................89 Dividend Distribution by Listed Companies in 2012 .........................................................................................91 Table of Changes in Stock Short Names in 2012 ...........................................................................................113 Table of Changes in the Names of Listed Companies in 2012 ..........................................................................115 Companies Subject to Delisting Risk Warnings in 2012 ...................................................................................116 Companies Subject to other special treatments in 2012 ..................................................................................116 Companies Subject to Listing Suspension in 2012 ........................................................................................117 Companies Subject to Listing Termination in 2012..........................................................................................117 Companies Subject to Listing Resumption in 2012 .........................................................................................117 Companies Subject to Cancellation of Special Treatment (“Risk Warning”) in 2012 ..............................................118 ⅠCompanies Subject to Withdrawal of Delisting Risk Warnings ......................................................................118 ⅡCompanies Subject to Withdrawal of Delisting Risk Warnings and Other Special Treatments (“Other Risk Warnings”) .............................................................................................................................118 ⅢCompanies Subject to Withdrawal of Other Special Treatments (“Other Risk Warnings”) ...................................119 Bond Market Overview of the Shanghai Stock Exchange in 2012 .....................................................................123 Conditions for Government Bond Listings ......................................................................................................125 Conditions for Enterprise Bond Listings .........................................................................................................125