Shanghai Stock Exchange
Newsletter - May 2025
Newsletter - May 2025
Source: SSE, Wind, as of May 31, 2025
SSE Monthly News Highlights
SSE and CSI to Further Improve Index System with Upcoming SSE 380 Upgrade and New SSE 580 Launch
2025/5/30
To further enhance the SSE index system and provide a more comprehensive view of the overall performance of small and mid-cap listed companies in the SSE market, the SSE and China Securities Index Company (CSI) announced upgraded methodology for SSE 380 Index on May 30, 2025 and the launch of the new SSE 580 Index. The revised SSE 380 Index will officially take effect on June 16, 2025, with real-time data for SSE 580 Index available on the same day.
http://english.sse.com.cn/news//newsrelease/c/c_20250603_10780697.shtml
SSE-B3 ETF Connectivity Welcomes the Launch of the First Product to Steadily Attract South American Capital into China
2025/5/27
On May 26, the first product under ETF connectivity cooperation between SSE and Brasil, Bolsa, Balc o (B3) was listed for trading in Brazil. The ETF was issued by Bradesco, an asset management company based in Brazil, and tracks the SSE-listed CSI 300 ETF product issued by China Universal Asset Management (CUAM). The launch of this ETF marks the first time for the ETF connectivity scheme to be implemented in the South American market.
http://english.sse.com.cn/news//newsrelease/c/c_20250527_10780164.shtml
SSE Revises Restructuring Review Rules to Enhance Market Vitality and Transaction Efficiency
2025/5/16
The newly revised Restructuring Review Rules streamlines the review procedures and improves efficiency by significantly simplifying the review process and shortening the timeline for qualified listed companies seeking share issuance restructuring.
http://english.sse.com.cn/news//newsrelease/c/c_20250429_10777990.shtml
SSE Holds Series Roadshow Events to Southeast Asian Market to Attract Long-term Foreign Capital
2025/5/16
To strengthen exchanges and mutual understanding with Southeast Asian capital markets and attract more long-term foreign capital, Shanghai Stock Exchange (SSE) launched a roadshow series under the theme "Focus on SSE: Roadshows to Southeast Asian Market" since May. These roadshows are collaborated with local stock exchanges and intermediaries in Southeast Asia through both online and face-to-face participation.
http://english.sse.com.cn/news//newsrelease/c/c_20250516_10779181.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 | 1693 | 45.93 | 387.87 | -7.93 |
| STAR Market | 587 | 6.64 | 81.84 | -13.29 |
| Total (A Shares) | 2280 | 52.57 | 469.70 | -8.91 |
Index Performance
Note: the indexes are rebased to April 30, 2025
| Indexes | Closing Price | Monthly Performance | YTD Performance | PE* |
|---|---|---|---|---|
| SSE Composite | 3347.49 | 2.09 | -0.13 | 13.72 |
| SSE 50 | 2678.70 | 1.73 | -0.23 | 10.47 |
| SSE 180 | 8511.07 | 1.43 | -1.51 | 11.27 |
| STAR 50 | 977.03 | -3.50 | -1.20 | 47.49 |
| CSI 300 | 3840.23 | 1.85 | -2.41 | 12.62 |
*Based on previous year's annual report, excluding loss-making companies
Capital Raised through IPO
| Market | 2025 May | 2025 Total | ||
|---|---|---|---|---|
| No. of IPO | Capital Raised (RMB bn) | No. of IPO | Capital Raised (RMB bn) | |
| SSE Main Board | 1 | 1.09 | 9 | 9.49 |
| STAR Market | 1 | 0.5 | 6 | 3.68 |
| Total | 2 | 1.59 | 15 | 13.17 |
Shanghai-Hong Kong Stock Connect
| Average Daily Trading Value (RMB bn) | MoM Change (%) | |
|---|---|---|
| Northbound | 65.92 | -22.41 |
| Southbound | 60.84 | -17.63 |
Bond Market Overview
| Bond Types | Market Value (RMB bn) | MoM Change (%) | Average Daily Trading Value (RMB bn) | MoM Change (%) |
|---|---|---|---|---|
| Treasury bonds | 1211.02 | -0.45 | 22.47 | 23.17 |
| Local government bonds | 1951.44 | 0.25 | 1.25 | -43.74 |
| Financial bonds | 76.58 | -0.06 | 0.00 | -55.70 |
| Corporate bonds & Enterprise bonds | 12995.93 | 0.48 | 62.79 | 4.00 |
| Convertible bonds | 494.06 | -3.31 | 20.22 | -12.44 |
| Asset-backed securities | 1575.11 | 2.33 | 3.14 | -20.30 |
| Total* | 18304.14 | 0.44 | 109.88 | 1.85 |
*Bond repo not included
Fund Market Overview
| Fund Types | No. of Listed Products | Market Value (RMB bn) | MoM Change (%) | Average Daily Trading Value (RMB bn) | MoM Change (%) |
|---|---|---|---|---|---|
| ETF | 691 | 3003.00 | 1.40 | 158.41 | -14.88 |
| LOF | 118 | 8.76 | -1.11 | 0.32 | -56.72 |
| REITs | 44 | 132.61 | 5.43 | 0.38 | -23.67 |
| Total | 853 | 3144.36 | 1.56 | 159.11 | -15.07 |
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 | 0.99 | 92.98 | 86.77 | 1.14 | 0.59 | 0.55 |
| CSI 300 ETF Options | 0.85 | 93.10 | 89.01 | 1.00 | 0.55 | 0.45 |
| CSI 500 ETF Options | 1.19 | 87.61 | 96.67 | 1.06 | 0.52 | 0.53 |
| ChinaAMC STAR 50 ETF Options | 0.54 | 72.11 | 89.57 | 1.24 | 0.75 | 0.50 |
| E FUND STAR 50 ETF Options | 0.16 | 84.71 | 94.00 | 0.40 | 0.24 | 0.16 |
SSE New Listed Companies
| Code | Name | Industry | Market Cap. (RMB bn) | PE (TTM) | Listing Day Performance (%) |
|---|---|---|---|---|---|
| Main Board | |||||
| 603014.SH | Shandong Weigao Blood Purification Products Co., Ltd. | Health Care Equipment | 15.05 | 32.89 | 56.26 |
| STAR Market | |||||
| 688755.SH | Jiangsu Hanbon Science and Technology Co., Ltd. | Industrial Machinery | 4.30 | 50.82 | 102.46 |
Edited by LI Tianfang, 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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