The Stock Exchange Executive Council (SEEC) of the People's Republic of China was established to improve the efficiency of the Chinese securities market. A security is a type of transferrable interest representing financial value. ...
According to research by Nottle (1993), the re-emergence of securities markets commenced under the introduction of the economic reform programme. The iniative was announced by then party Vice Chairman Deng Xiaoping in 1978; under the plan market forces would be brought to bear on the economy and China's "doors would be opened" to foreign capital and entrepreneurs. Deng Xiaoping Deng Xiaoping listen[?] (Simplified Chinese: éå°å¹³; Traditional Chinese: é§å°å¹³; pinyin: ; Wade-Giles: Teng Hsiao-ping; August 22, 1904âFebruary 19, 1997) was a revolutionary elder in the Communist Party of China (CPC) who served as the de facto ruler of the Peoples Republic of China from the late... 1978 was a common year starting on Sunday (the link is to a full 1978 calendar). ...
Under this economic reform, a number of experiments have been conducted over the part decades in order to facilitate the development of securities markets.
September1984, the first joint stock company and then one was commenced in Shanghai in 1985 and in Shenzhen in 1987
Another experiment consisted of establishing securities trading markets such as, over-the-counter (OTC) market for shares and bonds was established in 1986.
To further improve the efficiency of the Chinese securities markets, eventually the Stock Exchange Executive Council (SEEC) was formed in March1989 to create a nationwide treasury bond trading system (Securities Trading Automated Quotations System (STAQ)) which was established on December1990. September is the ninth month of the year in the Gregorian Calendar and one of four Gregorian months with 30 days. ... 1984 is a leap year starting on Sunday of the Gregorian calendar. ... 1987 is a common year starting on Thursday of the Gregorian calendar. ... 1986 is a common year starting on Wednesday of the Gregorian calendar. ... March is the third month of the year in the Gregorian Calendar and one of seven Gregorian months with the length of 31 days. ... 1989 is a common year starting on Sunday of the Gregorian calendar. ... December is the twelfth and last month of the year in the Gregorian Calendar and one of seven Gregorian months with the length of 31 days. ... 1990 is a common year starting on Monday of the Gregorian calendar. ...
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