Shanghai Stock Exchange
Newsletter - January 2025
Newsletter - January 2025
Source: SSE, Wind, as of Jan 31, 2025
SSE Monthly News Highlights
SSE STAR Market Composite Index to be Released, Representing the Overall Performance of STAR Market
2025/1/8
The SSE and China Securities Index Co., Ltd. (China Securities Index) announced that they will officially release the SSE STAR Market Composite Index and its price index, the SSE STAR Market Composite Price Index on January 20. The STAR Market Composite Index selects all eligible listed company securities from the STAR Market as index samples to reflect the overall performance of the STAR Market.
http://english.sse.com.cn/news//newsrelease/c/c_20250109_10767868.shtml
SSE Releases Sustainability Reporting Guidance to Drive High-quality ESG reporting by Listed Companies
2025/1/17
SSE released guide on compilation of sustainable development Reports. The documents are a supplement to the previous release of sustainability report guidelines, aiming to facilitate understanding and application of the guidelines, and improve the ESG reporting quality of listed companies.
http://english.sse.com.cn/news//newsrelease/c/c_20250117_10770311.shtml
SSE Releases List of Practical Initiatives for the Market in 2025
2025/1/24
Based on careful research of various market demands and key tasks of the year, Shanghai Stock Exchange (SSE) today released the List of SSE Practical Initiatives for the Market in 2025. The List comprises 10 initiatives across 5 areas, covering listing and review, corporate oversight, product innovation, market service, information technology and other major business lines, all pointing to the most pressing and thorny issues in market spotlight.
https://english.sse.com.cn/news//newsrelease/c/c_20250124_10770696.shtml
SSE Monthly Data
Equity Market Overview
| Market | No. of Listed Companies | Total Market Cap. (RMB tn) | Average Daily Trading Value (RMB bn) | MoM Change (%) |
|---|---|---|---|---|
| Main Board A | 1694 | 44.58 | 385.38 | -25.67 |
| STAR Market | 585 | 6.29 | 95.49 | -16.88 |
| Total (A Shares) | 2279 | 50.87 | 480.87 | -24.08 |
Index Performance
Note: the indexes are rebased to December 31, 2024
| Indexes | Closing Price | Monthly Performance | YTD Performance | PE* |
|---|---|---|---|---|
| SSE Composite | 3250.60 | -3.02 | -3.02 | 13.84 |
| SSE 50 | 2583.65 | -3.77 | -3.77 | 10.94 |
| SSE 180 | 8357.43 | -3.29 | -3.29 | 11.57 |
| STAR 50 | 955.09 | -3.42 | -3.42 | 36.54 |
| CSI 300 | 3817.08 | -2.99 | -2.99 | 13.06 |
*Based on previous year's annual report, excluding loss-making companies
Capital Raised through IPO
| Market | 2025 January | 2025 Total | ||
|---|---|---|---|---|
| No. of IPO | Capital Raised (RMB bn) | No. of IPO | Capital Raised (RMB bn) | |
| SSE Main Board | 1 | 0.81 | 1 | 0.81 |
| STAR Market | 4 | 2.81 | 4 | 2.81 |
| Total (A Shares) | 5 | 3.62 | 5 | 3.62 |
Shanghai-Hong Kong Stock Connect
| Average Daily Trading Value (RMB bn) | MoM Change (%) | |
|---|---|---|
| Northbound | 77.84 | -14.79 |
| Southbound | 37.58 | -2.17 |
Bond Market Overview
| Bond Types | Market Value (RMB bn) | MoM Change (%) | Average Daily Trading Value (RMB bn) | MoM Change (%) |
|---|---|---|---|---|
| Treasury bonds | 1153.66 | 7.65 | 18.66 | -5.39 |
| Local government bonds | 1758.86 | 3.48 | 2.41 | -38.51 |
| Financial bonds | 80.90 | -3.71 | 0.10 | -44.29 |
| Corporate bonds & Enterprise bonds | 12909.17 | 0.17 | 42.51 | -29.36 |
| Convertible bonds | 532.55 | -0.78 | 20.65 | -18.01 |
| Asset-backed securities | 1560.18 | 2.14 | 2.09 | -8.18 |
| Total | 17995.32 | 1.07 | 86.42 | -22.47 |
Fund Market Overview
| Fund Types | No. of Listed Products | Market Value (RMB bn) | MoM Change (%) | Average Daily Trading Value (RMB bn) | MoM Change (%) |
|---|---|---|---|---|---|
| ETF | 630 | 2708.50 | -0.50 | 154.27 | -6.89 |
| LOF | 119 | 8.71 | 0.37 | 0.15 | 4.63 |
| REITs | 39 | 114.10 | 9.48 | 0.56 | 37.56 |
| Total | 788 | 2831.31 | -0.13 | 154.98 | -6.77 |
Derivatives Market Overview
| Options | Average Daily No. of Contracts Traded (mn) | Volume Put/Call Ratio (%) | Last Month Put/Call Ratio (%) | Total Open Interest | Open Call Interest | Open Put Interest |
|---|---|---|---|---|---|---|
| SSE 50ETF Options | 1.33 | 92.02 | 81.46 | 1.35 | 0.75 | 0.60 |
| CSI 300 ETF Options | 1.22 | 94.26 | 93.77 | 1.13 | 0.59 | 0.54 |
| CSI 500 ETF Options | 1.49 | 100.80 | 107.27 | 0.95 | 0.48 | 0.47 |
| ChinaAMC STAR 50 ETF Options | 0.85 | 75.27 | 68.26 | 1.27 | 0.78 | 0.49 |
| E FUND STAR 50 ETF Options | 0.34 | 111.33 | 89.69 | 0.44 | 0.26 | 0.18 |
SSE New Listed Companies
| Code | Name | Industry | Market Cap. (RMB bn) | PE (TTM) | Listing Day Performance (%) |
|---|---|---|---|---|---|
| Main Board | |||||
| 603072.SH | Baotou Tianhe Magnetics Technology Co., Ltd. | Diversified Metals & Mining | 8.94 | 56.03 | 290.24 |
| STAR Market | |||||
| 688411.SH | Beijing Hyperstrong Technology Co., Ltd. | Electrical Components & Equipment | 11.34 | 15.86 | 229.21 |
| 688545.SH | Hubei Sinophorus Electronic Materials Co.,Ltd. | Semiconductors | 9.03 | 59.43 | 134.50 |
| 688583.SH | Scantech (Hangzhou) Co., Ltd. | Electronic Equipment & Instruments | 6.15 | 50.39 | 198.86 |
| 688758.SH | Suzhou Sepax Technologies Co., Ltd. | Biotechnology | 6.16 | 83.74 | 379.17 |
Edited by LI Tianfang and FANG Yuqin, Dept. of International Affairs, Shanghai Stock Exchange.
Global Investor Services Team
Dept. of International Affairs
Shanghai Stock Exchange | 上海证券交易所
Dept. of International Affairs
Shanghai Stock Exchange | 上海证券交易所
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