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BY 馃嚛馃嚜 袙袝些袠 袠袟 袚袝袪袦袗袧袠袠 馃嚛馃嚜
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馃嚛馃嚜 袙袝些袠 袠袟 袚袝袪袦袗袧袠袠 馃嚛馃嚜 Telegram | DID YOU KNOW?
Date: | 馃嚛馃嚜 袙袝些袠 袠袟 袚袝袪袦袗袧袠袠 馃嚛馃嚜
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers鈥攐r maybe the next Silverado?鈥攅choed through the canyons of Wall Street as investors prepared for the worst.
The SSE was the first modern stock exchange to open in China, with trading commencing in 1990. It has now grown to become the largest stock exchange in Asia and the third-largest in the world by market capitalization, which stood at RMB 50.6 trillion (US$7.8 trillion) as of September 2021. Stocks (both A-shares and B-shares), bonds, funds, and derivatives are traded on the exchange. The SEE has two trading boards, the Main Board and the Science and Technology Innovation Board, the latter more commonly known as the STAR Market. The Main Board mainly hosts large, well-established Chinese companies and lists both A-shares and B-shares.
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