November 26.1990-The opening of the Shanghai Stock Exchange
On October tenth day) (Gengwu years, November 26, 1990, the Shanghai Stock Exchange opened.
1990, 11, 26, when he was mayor of Shanghai, Zhu Rongji attended the opening ceremony of the Shanghai Securities
1990 11 26, authorized by the State Council, the People's Bank of China approved the establishment of the formal establishment of the Shanghai Stock Exchange, which is the first stock exchange since the founding of the Mainland. Prior to the Chinese people, just faintly from the Mao Dun's novel "Midnight" and accordingly the film adaptation of a little impression on the stock exchange.
opening day 25 securities institution from Shanghai, Shandong, Jiangxi, Anhui, Zhejiang, Hainan, Liaoning Exchange members, sub-professional brokers, professional dealers, regulators brokers and business several. Transactions are now credit transactions, not to engage in futures trading, the early opening of bonds, including government bonds, corporate bonds and financial bonds trading mainly stock trading and after gradual transition to both bond and stock trading.
12 morning of January 19, the Exchange held the opening ceremony, then Shanghai Mayor Zhu Rongji attended the opening ceremony. Authorize the general manager of the Shanghai Stock Exchange chairman Li Xiangrui Wei Wenyuan sounded the official opening on the trading floor hammer, half an hour later when the closing of the former Municipal traded 49 pen, 5,879,008 yuan denomination force.
stock market really fire up after Deng Xiaoping's southern tour in 1992, on May 21 of that year all the Shanghai stock transaction price liberalization, guided by the market, the results from 21 to 23 days, the stock price skyrocket within 3 days of skyrocketing 570%, this day is called the real birth of the Chinese stock market. The August [τōdāyōńhī $ τōry.cōm] Shenzhen stock exchanges occurred rush to buy the stock turmoil, this is something.
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