This website uses cookies to ensure you have the best experience. Learn more

Stock Exchange Essay

744 words - 3 pages

History of Shanghai Stock Exchange
China Securities history can be traced back to the late Ming and early Qing Dynasty, in some high-income high-risk business areas, the mode of "investment funds, joint ventures" was operated, and the contract signed between the participants, to become China's first stock prototype. Before the Opium War between Britain and China, west countries international traders not only brought the opium to China, but also brought the advanced finance model and knowledge to china. The first foreign security was issued by a foreign enterprise in 1840s. In 1872, the first Chinese stock was issued by China's first joint-stock companies and the Chinese people. Securities ...view middle of the document...

But it was ceased operations there years later in 1949 when the People’s Republic of China was found.

After the founding of People’s Republic of China, all the capitalism was strictly prohibited. Until the Third Plenary Session of the Eleventh Central Committee in 1978, China decided to change the foreign policy: the policy of reformation and opening. After that, China accepted lots of economic institutions of capitalism. China once again began interacting with the outside world. In the 1980s China's economic reforms and its securities markets both grew fast as China converted to a socialist economy. Trading bonds resumed trading in 1981, and corporate bonds and stocks made their debut in 1984. According to China’s special social system, before Shanghai Stock Exchange was established, government decided to separate company’s shares. The state-own shares and private shares were temporary forbidden listed and transaction, only allowed public shares listed and transaction in Stock Exchange. At that time, this regulation was reasonable and understandable, because government just started to use capitalist economic system. But after almost 10 years, the government started to consider the transaction and liquidity of the state-own shares and private shares. It’s too late for China’s security market. Now the state-own shares and private shares already...

Other Papers Like Stock Exchange

History of Stock Exchanges of Bangladesh

1279 words - 6 pages History of Stock Exchanges of Bangladesh Dhaka Stock Exchange: The necessity of establishing a stock exchange in the then East Pakistan was first decided by the government when, early in 1952, it was learnt that the Calcutta Stock Exchange had prohibited the transactions in pakistani shares and securities. The provincial industrial advisory council soon thereafter set up an organizing committee for the formation of a stock exchange in East

Securities Market Essay

593 words - 3 pages Secondary Market Secondary market refers to the market where the securities issued in the primary market are traded. This market depends on the primary market. More the number of companies make new issues in the primary market; the greater will be the volume of trade in Secondary market. In India, the Secondary market includes 23 regional stock exchanges, Over The counter Exchange of India (OTCEI) and National Stock Exchange of India (NSE). Stock

Accounting

642 words - 3 pages | | 1,259,000 | Retained earnings | | 5,623,000 | Shares of G.K. Chesterton Company stock are currently selling on the Midwest Stock Exchange at $40. Prepare the appropriate journal entries for each of the following cases.  (a) | | A stock dividend of 6% is (1) declared and (2) issued. | (b) | | A stock dividend of 100% is (1) declared and (2) issued. | (c) | | A 2-for-1 stock split is (1) declared and (2) issued. | Exercise 15

Case Study: Raising Capital in Switzerland

1333 words - 6 pages the Swiss Exchange to help meet its financial needs. Introduction This paper will discuss the case study of organization e-Centives Inc. In particular, it will discuss the factors that are relevant to e-Centives Inc.’s decision to raise capital and list on the Swiss Exchange’s New Market. It will also discuss why e-Centives chose not to raise public equity in the United States and their decision not to raise capital on the U. S. Stock exchange

Website Search

837 words - 4 pages delisted from the exchange trade. The main reason a company reverse split its stock is to increase the stock price by reducing the number of shares outstanding. While utilizing the following URLs, I found useful information on Citigroup's dividend and reverse split plan on http://dealbook.nytimes.com/2011/03/21/citi-announces-quarterly-dividend-of-a-penny-per-share/; the effect that reverse split stock had on http://www.businesswire.com/news/home

Acct 553 Week 7 Homework

513 words - 3 pages any limits to the deductibility of losses on sales and exchanges between related parties? What code section defines this limitation? (5 pts.) Deduction for the losses on sale and exchange is not allowed if the sale or exchange is between related parties takes place directly or indirectly. Exception to this is distribution of assets in case of complete liquidation. The limits are mentioned in Sec 267 of U.S. Code. As per this code if

macro economics

3531 words - 15 pages cash at $8.50 per share. Nov. 1 Issued 6,000 shares of preferred stock for cash at $104 per share. Instructions Prepare the journal entries to record the above transactions. 3 E15-3B (Stock Issued for Land) Twenty thousand shares reacquired by Sierra Land Inc. for $153 per share were exchanged for land that has an appraised value of $3,600,000. At the time of the exchange the common stock was trading at $176 per share on an organized

Stocks

283 words - 2 pages much, thus leaving out the possibility for a windfall profit. In exchange, the holder of a preferred security will enjoy a steady stream of guaranteed dividend payments. It also provides the peace of mind knowing that your claims to assets will have priority if the company ever goes bankrupt. As an investment, I would choose common stock. Although the risk can be higher, there is a greater potential to experience a very large profit. If I was a

Insurance Sector In Pakistan

611 words - 3 pages As of November 07, 2007 there were 637 companies which were listed on Karachi Stock Exchange with a total market capitalization of Rs. 4121 billion (66 billion $). This figure has registered an increase now and our Karachi Stock Market is approximately US$ 72 billion. Out of this financial sector constitutes 41% of the total market capitalization of Karachi Stock Exchange. However, the Insurance Sector is a small one and needs immediate

Reasearch Methods

4884 words - 20 pages Study the Role of Hedging to Reduce Exchange Risks on Investments in Global Stock Market Executive Summary In this global business environment, organizations are engaged to perform business activities across the countries. In order to execute international activities, they are tended to receive and make payment in different currencies. Currency value of country tends to change due to several economic aspects such as government decisions

The Importance of Accounting in Business

1218 words - 5 pages professional help when filing business tax returns and ensuring that all business issues are accounted for at year end.   Major Stock Exchanges The New York Stock Exchange: The New York Stock Exchange was first founded in 1792. This Exchange houses some of the nation's largest publicly-traded corporations, including McDonald's and Walmart. These large corporations make up what are known as blue chip stocks; companies that have achieved a level

Related Essays

Stock Exchange Essay

773 words - 4 pages STOCK EXCHANGE Stock Exchanges are structured marketplace where affiliates of the union gather to sell firm's shares and other securities. India Stock Exchanges can either be a conglomerate/ firm or mutual group. The affiliates act as intermediaries to their patrons or as key players for their own accounts. Stock Exchanges in India also assist the issue and release of securities and other monetary tools incorporating the fortification

National Stock Exchange Essay

951 words - 4 pages changeThe National Stock Exchange (NSE), located in Bombay, is India's first debt market. It was set up in 1993 to encouragestock exchange reform through system modernization and competition. It opened for trading in mid-1994. It was recently accorded recognition as a stock exchange by the Department of Company Affairs. The instruments traded are, treasury bills, government security and bonds issued by public sector companies.  The number of

Leveraged Buyout, Privatisation, And The Subsequent Re Listing Of Amtek Engineering Limited On The Singapore Stock Exchange

1327 words - 6 pages stock price. Background Amtek was founded in Singapore as Metaltek Engineering Private Limited in 1970. With a core business in precision metals engineering and metal stamping, Amtek was formed during Singapore’s rapid industrialisation period in the 1970s. In 1987, it was listed on the Stock Exchange of Singapore. As an engineering company that did not have an exciting business or product, Amtek was profitable but primarily stayed off

Bangladesh Capital Market Essay

404 words - 2 pages Bangladesh Capital Market Brief History of Capital Market: • Concepts started in USA at Wall Street in 1653. • It came to South Asia in 1890. • The origin of Stock Market in Bangladesh goes back to 28th April 1954 named East Pakistan Stock Exchange association at Narayangonj. Later it was s renamed East Pakistan Stock Exchange Ltd and Trading was started in 1956. History of Bangladesh Capital Market: • East Pakistan Stock