🇨🇳 COUNTRY GUIDE

China stock market

China's equity ecosystem includes mainland exchanges and multiple share classes, with a distinct regulatory and investor-access structure.

REGULATOR

CSRC

Market supervision and investor-protection framework.

EXCHANGE

Shanghai / Shenzhen

Primary listed-market infrastructure and major market venues.

CORE IDEA

Know the rules before the stock

Learn mainland market structure, A-shares, major indices, listing rules, investor access and the relationship with Hong Kong.

300-NODE MARKET CURRICULUM

Learn China properly.

The complete China learning map sits here on this market page. Work through it at your pace, prove what you can use, verify local rules, and track what you have actually learned.

300 nodes · 30 domains

Understand → Explain → Apply → Verify → Research → Red-team → Master

MARKET MAP

What to learn

Learn mainland market structure, A-shares, major indices, listing rules, investor access and the relationship with Hong Kong.

Common terms

A-share, SSE Composite, Shenzhen, STAR Market, ChiNext, Stock Connect, H-share.

Research habit

Separate company fundamentals from policy, currency, market-access and regulatory considerations.

THE PIREPOINT MARKET MODEL

Learn this market in six layers.

The facts change by country. The research questions stay stable.

01 · STRUCTURE

How the market is built

Understand the regulator, exchanges, listing architecture and major participant groups before studying securities.

02 · INSTRUMENTS

What exists?

Separate equities, funds and ETFs, indices and derivatives. Learn which instruments are accessible to different investors.

03 · MECHANICS

How does a trade work?

Study market hours, orders, settlement, custody, ownership and corporate actions.

04 · ECONOMICS

What moves it?

Map currency, rates, inflation, economic cycles, sectors, policy and links with other markets.

05 · RESEARCH

Research with local context

Apply business, financial-statement, cash-flow, ownership, valuation and disclosure analysis while checking local reporting conventions.

06 · RISK

Where can the framework break?

Check regulation, currency, liquidity, governance, access, settlement and disclosure risks specific to this market.