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Encyclopedia > Stock Exchange Executive Council

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: 邓小平; Traditional Chinese: 鄧小平; pinyin: ; Wade-Giles: Teng Hsiao-ping; August 22, 1904—February 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.

  1. September 1984, the first joint stock company and then one was commenced in Shanghai in 1985 and in Shenzhen in 1987
  2. 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 March 1989 to create a nationwide treasury bond trading system (Securities Trading Automated Quotations System (STAQ)) which was established on December 1990. 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. ...


  Results from FactBites:
 
London Stock Exchange - Our history (716 words)
Stock dealers are expelled from the Royal Exchange for rowdiness and start to operate in the streets and coffee houses nearby, in particular in Jonathan’s Coffee House in Change Alley.
On this date, the first regulated exchange comes into existence in London, and the modern Stock Exchange is born.
The governing Council of the Exchange is replaced with a Board of Directors drawn from the Exchange's executive, customer and user base.
  More results at FactBites »

 
 

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