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Shanghai DZH
Shanghai DZH Limited (DZH; ) is a Chinese financial data and software company headquartered in Shanghai. Background The company was originally founded as Shanghai Great Wisdom in December 2000 by Zhang Changhong. At the time, its mainly provided stock software services. It was later renamed to DZH. In August 2010, DZH acquired AASTOCKS, a Hong Kong fintech platform. On 28 January 2011 DZH held its initial public offering to become a listed company on the Shanghai Stock Exchange. On 11 April 2011 Bloomberg L.P. sued DZH on grounds of industrial design infringement and claimed 5 million yuan in compensation. DZH stated the designs used are commonly used in the financial data field. On 23 January 2013, Bloomberg L.P. withdrew the lawsuit. In August 2014, DZH planned to acquire Xiangcai Securities in a 9 billion yuan deal that would be the largest deal to date between an A-share listed company and an NEEQ listed company as well as the first instance of an internet c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Securities Regulatory Commission
The China Securities Regulatory Commission (CSRC) is a government agency directly under the State Council of the People's Republic of China. It is the main regulator of the securities industry in China. History Indicative of the role of the CSRC, China's highest court, the Supreme People's Court–at least as of 2004–has declined to handle securities-related litigation directly, instead deferring such judgments to the CSRC. In November 2022, it stated its role to build "a capital market with Chinese characteristics". In 2023, the CSRC was upgraded to a government agency directly under the State Council as part of the plan on reforming Party and state institutions. Additionally, it was granted responsibility auditing corporate bond issuances from the National Development and Reform Commission. In late 2023 and early 2024, the CSRC instructed some institutional investors not to sell stocks in order to stabilize share prices. Functions China's first Securities Law was pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Data Vendors
A financial data vendor provides market data to financial firms, traders, and investors. The data distributed is collected from sources such as stock exchange feeds, brokers and dealer desks or regulatory filings (e.g. an SEC filing). History Financial data vendors have been in existence as long as financial data has been available. The first technology that allowed data vendors to disseminate was the ticker tape starting in the 1870s. Financial data includes "pre-trade" such as bid-ask data necessary to price a financial instrument and post-trade data such as the last trade price and other transaction data. From ticker tape to television cameras, from databases to websites this multibillion-dollar industry provides data utilized in the financial sector. Paper ticker tape became obsolete in the 1960s, as television and computers were increasingly used to transmit financial information. The concept of the stock ticker lives on, however, in the scrolling electronic tickers se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Shanghai Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impairment (financial Reporting)
Impairment of assets is the diminishing in quality, strength, amount, or value of an asset. An impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. Fixed assets, commonly known as PPE (Property, Plant & Equipment), refers to long-lived assets such as buildings, land, machinery, and equipment; these assets are the most likely to experience impairment, which may be caused by several factors. History Asset impairment was first addressed by the International Accounting Standards Board (IASB) in IAS 16, which became effective in 1983. It was replaced by IAS 36, effective July 1999. In United States GAAP, the Financial Accounting Standards Board (FASB) introduced the concept in 1995 with the release of SFAS 121. SFAS 121 was subsequently replaced by SFAS 144 in August 2001. The issue of impairment of financial assets exposed deficiencies in the IAS 36 framework during the 2008 financial crisis, and the IASB issued an exposur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Money
East Money Information (East Money; ), is a Chinese financial data and software company headquartered in Shanghai. It also runs Guba, an investment chat forum Background In 2005, Qi Shi founded Shanghai Dong Cai Information Technology, the predecessor to East Money. In 2009, East Money started trading on the Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha .... In 2015, East Money acquired brokerage Tongxin East Fortune Securities. In 2018, East Money secured a license allowing it to manage its own mutual funds. References External links * {{FTSE China A50 Index Companies in the CSI 100 Index Companies listed on the Shenzhen Stock Exchange Companies in the FTSE China A50 Index Companies based in Shanghai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hithink RoyalFlush Information Network
Hithink RoyalFlush Information Network (Hithink; ) is a Chinese financial data and software company headquartered in Hangzhou. The company has developed the Tonghuashun mobile app used for stock trading and the iFinD Financial Data Terminal. Background In 1994, Zhejiang University graduate Yi Zheng co-founded his own company, Hangzhou Hexin. Yi acquired the initial capital by writing security analysis software for a securities brokerage he was still an electrical engineering student. In 2001 he founded Shanghai Hexin which was the predecessor to Hithink. In 2007 Shanghai Hexin acquired Hangzhou Hexin and in July it moved to Hangzhou were it was rebranded to Hithink. In 2009, Hithink held its initial public offering becoming a listed company on the ChiNext section of the Shenzhen Stock Exchange. In 2012, Wind Information sued Hithink stating the iFinD Data Terminal infringed on its intellectual property rights. In 2016, the Shanghai No. 1 Intermediate Court ruled in fav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. The total capitalization of stock markets or eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Ma
Ma Yun (; born 10 September 1964), or more commonly referred as Jack Ma, is a Chinese businessman and philanthropist. He is the founder of the Jack Ma Foundation, and co-founder of Alibaba Group and Yunfeng Capital. As of May 2025, Ma's net worth was estimated at 27.2 billion. After taking the '' gaokao'' three times, Ma earned a bachelor’s degree in English from Hangzhou Normal University in 1988 and was assigned as an English and international trade lecturer at Hangzhou Dianzi University. Interested in internet entrepreneurship since the 1980s, he founded his first business, Hangzhou Hope Translation Agency, in 1994. The following year, he created the agency’s website and then resigned from the university to establish Hangzhou Hope Computer Services Co., Ltd., one of China’s earliest internet startups, which operated an online yellow pages service for Chinese companies. In 1996, Ma’s company was acquired by China Telecommunications Corporation. Following an unsa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NEEQ
The National Equities Exchange and Quotations (NEEQ) is a Chinese over-the-counter system for trading the shares of a public limited company () that is not listed on either the Shenzhen Stock Exchange or Shanghai Stock Exchange. The NEEQ exchange was also nicknamed the "New Third Board" () in China, as there were formerly two trading systems that the NEEQ replaced: STAQ and NET. On September3, 2021, Chinese leader Xi Jinping announced that NEEQ will be reformed and Beijing Stock Exchange will be set up. The new Beijing Stock Exchange will be a part of the NEEQ, based on the former NEEQ Select Board. Shareholders Shareholders of National Equities Exchange And Quotations Co., Ltd: * Shanghai Stock Exchange * Shenzhen Stock Exchange * Shanghai Futures Exchange * China Securities Depository and Clearing Corporation * China Financial Futures Exchange * Dalian Commodity Exchange * Zhengzhou Commodity Exchange Zhengzhou Commodity Exchange (ZCE; ), established in 1990, is a futures e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. The population of the city proper is the List of largest cities, second largest in the world after Chongqing, with around 24.87 million inhabitants in 2023, while the urban area is the List of cities in China by population, most populous in China, with 29.87 million residents. As of 2022, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (GDP (nominal), nominal) of nearly 13 trillion Renminbi, RMB ($1.9 trillion). Shanghai is one of the world's major centers for finance, #Economy, business and economics, research, science and technology, manufacturing, transportation, List of tourist attractions in Shanghai, tourism, and Culture of Shanghai, culture. The Port of Sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
