Which Chinese exchange began trading in December 1990 alongside Shanghai’s market?

The Shenzhen Stock Exchange began trading in December 1990 alongside Shanghai’s market.

Shenzhen’s exchange was established in 1990 in Shenzhen, Guangdong, as China developed a modern securities market during its economic reforms. It became an important venue for companies from southern China and for smaller, technology-focused businesses.

The exchange operates several market segments. Its Main Board serves established companies, while the ChiNext market, launched in 2009, was designed for innovative and high-growth firms. Shenzhen is also associated with the Shenzhen Component Index and the Shenzhen Stock Exchange Composite Index.

A common mix-up is confusing the exchange with the Shanghai Stock Exchange, which also began trading in December 1990. They are separate mainland Chinese exchanges: Shenzhen is in Guangdong province, while Shanghai is in the municipality of Shanghai. Both are major parts of China’s national equity-market system.