SZ** refers to the ** listed on the Shenzhen **Stock Exchange**.
Founded on December 1, 1990, Shenzhen ** Exchange is a legal person that provides venues and facilities for centralized trading, organizes and supervises ** trading, performs the duties stipulated by relevant national laws, regulations, rules and policies, and implements self-discipline management. Its main functions include: providing the best trading venues and facilities;Establish business rules;Review the listing application and arrange the listing;Organize and supervise ** transactions;Supervise members;Regulation of listed companies;Manage and publish market information and other functions licensed by the CSRC.
The trading varieties of Shenzhen ** Exchange mainly include **, bonds, etc., of which ** is the main trading variety. Listed on the Shenzhen Stock Exchange, it starts with "SZ", where "S" stands for Shenzhen and "Z" stands for **. Like the Shanghai Exchange, the Shenzhen Exchange consists of six digits, of which the first digit indicates the category, for example, "00" starts with Shenzhen Main Board A shares, "30" starts with Shenzhen ChiNext **, and other numbers represent specific **numbers.
The trading methods of the Shenzhen ** Exchange include centralized auction trading, block trading, agreement transfer, etc. Among them, centralized bidding transaction is the most important trading method, buyers and sellers through the exchange's system for bidding transactions, first, the principle of time priority for matchmaking. Block trading is a transaction method carried out outside the exchange system, where the buyer and seller determine the ** and quantity through negotiation, and declare and confirm the transaction in the exchange system. Agreement transfer is a more flexible transaction method, the buyer and seller can sign an agreement to transfer**, but the exchange system needs to be disclosed and transaction confirmed.
As of December 28, 2023, there are 2,971 listed companies on the Shenzhen ** Exchange, with a total market capitalization of about 3128 trillion yuan. Among them, there are 1,611 main board companies, with a market value of about 2005 trillion yuan;There are 1,360 GEM companies with a market value of about 1123 trillion yuan.
In general, the Shenzhen Exchange is an important part of China's multi-level capital market system and one of the major trading markets in China. For investors, investors who invest in Shenzhen Stock Exchange need to pay attention to the relevant market risks and comply with the provisions of relevant laws and regulations. At the same time, it is also necessary to understand the relevant investment knowledge to make better investment decisions.