International Capital Markets
Capital Markets - Shanghai Stock Exchange Listing
Same goes with non-Chinese companies listing on the Shanghai Stock Exchange, to date the Shanghai Stock Exchange has only accepted applications from approximately ten non-Chinese companies (one being Coca-Cola).
The Shanghai Clearing House provides security for financial market participants, and efficient clearing services development purposes, but also conductive to international peers inter-agency communication and cooperation. It provides central counterparty clearing of foreign currency in the interbank market, including clearing, settlement, margin management, collateral management, information services, consulting services, and related management department under other business.
A Chinese company has to meet the following listing requirements in order to be admitted to the Shanghai Stock Exchange:
Make an initial public offering;
Have its shares issued to the public and approved by the China Securities Regulatory Commission;
Have a total stock capital of no less than 50 million RMB (approximately $7.7 Million USD);
Its publicly issued shares are no less than 25% of its shares, or 10% of the total capital stock is more than 400 million RMB (approximately $61.5 Million USD);
Have no false financial and accounting records and no legal violations within the last three years.
Before a company can list securities on the SSE, it must obtain an approval from the China Securities Regulatory Commission’s (CSRC) issuance, examination and verification committee. According to the listing procedure for the SSE, the applicant must contact the listing department, or the bond funding department, and apply for a securities code and a securities trading abbreviation. After obtaining the approval documents, the applicant must submit an issuance program and an issuance plan to the SSE.
Synergy Capital Markets is associated with a Shanghai Stock Exchange Market Participant and can help you observe all the necessary steps for listing a company in the Stock Exchange in Shanghai.
Shanghai Stock Exchange
528 South Pudong Road
People's Republic of China