Shenzhen Stock Exchange

Country
China
Number of listed companies
2,170
Domestic market capitalization
3,030,000 million US$
SSE Partner Exchange

Yes

Has annual sustainability report

No

ESG reporting required as a listing rule

No

Has written guidance on ESG reporting

Yes

  • Guidance - The SZSE instructing document provides a comprehensive set of guidelines that define CSR from a SZSE perspective.
  • In September 2006, Shenzhen Stock Exchange (SZSE) issued the “Guidelines for Corporate Social Responsibility of Shenzhen Stock Exchange Listed Companies”. From 2009 to 2010, the three boards of SZSE successively issued the “Guidelines for the Standardised Operation of Listed Companies”, which contained two separate chapters of “Corporate Governance” and “Social Responsibility”. In 2015, SZSE further revised the “Guidelines for the Standardised Operation of Listed Companies” and issued the Memorandum of Information Disclosure for Periodic Reports. Listed companies which are included in component of the Shenzhen 100 Index shall disclose social responsibility reports in accordance with the revised guidelines.
Offers ESG related training

Yes

  • SZSE has been offering training courses and seminars to senior management, independent directors of listed and Pre-IPO stage companies on ESG-related topics since September 2007, covering topics of socially responsible investing, compilation of corporate social responsibility report etc.
Has sustainability bond listing segment

Yes

  • SZSE assigns designated labels for ESG-related bond products. For example, the green bonds will be specially labelled as “G” in the bond code - http://bond.szse.cn/
Has SME listing platform

Yes

  • ChiNext, since 2009
Additional information
Organizational model of stock exchange
  • Member-based stock exchange
Regulatory model
A self-regulatory legal entity under the direct administration of the CSRC
About the stock exchange
Location: Shenzhen, China.
  • Shenzhen Stock Exchange (SZSE), established on 1st December, 1990, is a self-regulated legal entity under the supervision of China Securities Regulatory Commission (CSRC). It also organizes, supervises securities trading and performs duties prescribed by laws, regulations, rules and policies. Its main functions include providing the venue and facilities for securities trading, formulating operational rules, receiving listing applications and arranging securities listing, organizing and supervising securities trading, supervising members; regulating listed companies, managing and disseminating market information and other functions as approved by the CSRC. Source
Ownership of Exchange (Shares >4% only) Share