Mainland exchanges overtake HKEx
11 April 2007
The total market value of the Shanghai and Shenzhen Stock Exchanges, at US$1.78 trillion, yesterday exceeded that of the Hong Kong Exchanges and Clearing Limited. Currently, the total market value of the SSE or the SZSE has not caught up with the total value of the HKEx, which has a total market value of US$1.77 trillion, state media reported. However, the market size of the SSE is very likely to enter the top 10 in the world according to analysts. According to the rankings in November 2006, the 10th biggest stock market is in Switzerland with a total market value of about US$1.2 trillion. The current market size of SSE has overtaken it.