Western Capitalism in China: A History of the Shanghai Stock Exchange

Front Cover
Ashgate, Jan 1, 2001 - Business & Economics - 328 pages
A history of the stock exchange in Shanghai. Following a brief outline of the establishment of the International Settlement and its broad commercial development, it provides a picture of the financial evolution of Shanghai, particularly the currency system and the main western banking institutions which financed the import and export trade. Chapter Three offers a detailed account of the main areas of commercial activity where local company formation and associated capital raising provided the share list with a growing supply of entries from the 1860s onwards, the number varying with the pace of commercial activity in the International Settlement and Shanghai generally.

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The commercial framework
The supply of securities
Fixed interest stocks

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