Shenzhen Centralcon Invstmnt Hldg Co Ltd (000042) Plunges -0.44% on Nov 15

November 15, 2017 - By wolcottdaily

Shares of Shenzhen Centralcon Invstmnt Hldg Co Ltd (SHE:000042) last traded at 15.9, representing a move of -0.44%, or -0.07 per share, on volume of 172,572 shares. After opening the trading day at 15.93, shares of Shenzhen Centralcon Invstmnt Hldg Co Ltd traded in a close range. Shenzhen Centralcon Invstmnt Hldg Co Ltd currently has a total float of shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 15.61 and high of 20.48.

SSE: Creating A Global Economy Powerhouse

Amid numerous setbacks in the past, China has still proven itself to have one of the most important economies not just in Asia but in the whole world. Trade and commerce is richly flourishing in the nation and the Shanghai Stock Exchange (SSE) is one of the reasons it does. It is also the best place to show full potential for Shenzhen Centralcon Invstmnt Hldg Co Ltd and its colleagues.


The SSE, one of China’s primary stock exchanges aside from the Shenzhen Stock Exchange, is a non-profit organization that is administered by the China Securities Regulatory Commission (CSRC). As of February, the SSE boasts with a market capitalization of $3.50 trillion, making it the fifth largest stock exchange in the world. In Asia, it is the second biggest stock exchange. The second biggest market in the world increased the chances of Shenzhen Centralcon Invstmnt Hldg Co Ltd to catch attention of investors.

The SSE was established in 1866 but it had to close on December 5, 1941 when Japan invaded Shanghai. Operations did not resume until December 19, 1990.

Shortly after the relaunch of the SSE, the SSE Composite Index began operating on July 15, 1991 as the primary index measuring all stocks on the SSE based on market capitalization. It tracks companies using the Paasche weighted composite price index formula. Measuring more than 1,000 companies listed on the SSE means that the SSE Composite Index is a broad indicator of the Chinese economy. As a result, it had to have three sub-indices: 1) the SSE 380, which monitors the 380 most active companies; 2) the SSE 180, which monitors the 180 most active companies; and 3) the SSE 50, which monitors the 50 most active companies. Of course, in order to be included in the SSE 50, a company needs to first be included in the SSE 180 and the SSE 380. Similarly, in order for it to be included in the SSE 180, it first needs to be included in the SSE 380. The smaller the index, the clearer of a representation it is of the Chinese economy.

The SSE Composite Index has last seen its all-time high of 6,092.06 in October 2007, shortly before the 2008 Global Financial Crisis broke out; and its all-time low of 99.98 in December 1990— during the relaunch period of the SSE.

Chinese Trade and Commerce

Companies listed on the SSE are classified into two types: 1) A shares, which are traded in yuan; and 2) B shares, which are traded in US dollar (USD). In the past, only domestic traders had been allowed to trade A shares. Foreign investors had been limited to B shares. However, the restriction was lifted in 2002, giving the Chinese economy more opportunities to grow immensely with greater foreign investments. It means more possibilities for Shenzhen Centralcon Invstmnt Hldg Co Ltd.

The regular trading session on the SSE starts at 9:30 and ends at 11:30 in the morning and starts at 1:30 and ends at 3:00 in the afternoon. There is also a pre-market trading session that starts at 9:15 a.m. and lasts for 10 minutes.

China is Asia’s largest economy, which is why there is no better way to bet on the Asian trade and commerce environment than to invest on SSE stocks. Traders look on the liquidity of Shenzhen Centralcon Invstmnt Hldg Co Ltd.

More notable recent Shenzhen Centralcon Invstmnt Hldg Co Ltd (SHE:000042) news were published by: which released: “Shenzhen Centralcon buys stake in China South City for $490 million” on January 12, 2017, also with their article: “Shenzhen Centralcon Investment Holding sees FY 2017 net profit up 100 pct to 150 pct” published on October 27, 2017, published: “Shenzhen Centralcon Investment’s unit, partner to buy stake in property firm” on September 04, 2017. More interesting news about Shenzhen Centralcon Invstmnt Hldg Co Ltd (SHE:000042) were released by: and their article: “Shenzhen Centralcon Investment Holding sees H1 FY 2017 net profit to up 430 pct to 480 pct” published on July 17, 2017 as well as‘s news article titled: “Shenzhen Centralcon Investment Holding to pay FY 2016 annual div on June 22” with publication date: June 14, 2017.

SHENZHEN CENTRALCON INVESTMENT HOLDING CO., LTD is a China firm principally engaged in the development and distribution of real estates. The company has market cap of $. The Company’s main products are commercial residential buildings. It currently has negative earnings. The Firm is also involved in the leasing and management of properties, the operation of hotels, as well as building construction business.

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