SSE vs SZSE: hours, settlement and tech listings compared
How the Shanghai Stock Exchange and the Shenzhen Stock Exchange differ for technology investors: trading hours, currency, settlement, price limits and the tech companies each one lists.
SSE: 09:30–11:30, 13:00–15:00 local
SZSE: 09:30–11:30, 13:00–15:00 local
Key differences
- SSE and SZSE trade at exactly the same hours, 09:30–11:30, 13:00–15:00 in Shanghai.
- Both trade in CNY, so there is no currency difference between them.
- Both settle trades on T+1.
- SSE and SZSE have a midday lunch break.
Side by side
| SSE | SZSE | |
|---|---|---|
| Country | China | China |
| Operator | Shanghai Stock Exchange (state-supervised) | Shenzhen Stock Exchange (state-supervised) |
| Currency | CNY | CNY |
| Local trading hours | 09:30–11:30, 13:00–15:00 (Asia/Shanghai) | 09:30–11:30, 13:00–15:00 (Asia/Shanghai) |
| Your time today | — | — |
| Settlement | T+1 | T+1 |
| Price limits | ±10% per day on the main board; ±20% on the STAR Market. | ±10% per day on the main board; ±20% on ChiNext. |
| Minimum trading unit | 100 shares on the main board; STAR Market buy orders need at least 200 shares | 100 shares |
| Regulator | China Securities Regulatory Commission (CSRC) | China Securities Regulatory Commission (CSRC) |
| Technology benchmark | STAR 50 | ChiNext Index |
| Main indices | SSE Composite, SSE 50, STAR 50 | SZSE Component, ChiNext Index |
| Listing boards | Main Board, STAR Market | Main Board, ChiNext |
Tech companies listed
SSE
SZSE
Examples of well-known listings, not recommendations.
More about each exchange
- Shanghai Stock Exchange profile
- Shenzhen Stock Exchange profile
- Add a third exchange in the comparison tool
Guides
T+1 Settlement Explained: Which Markets Settle Next Day
The US, Canada and India already settle share trades in one day; the EU, UK and Switzerland plan to follow on 11 October 2027. What T+1 means for your cash, dividends and trades abroad.
Growth Boards for Tech Companies Compared
Where young technology companies list around the world: AIM, Euronext Growth, First North, Scale, TSE Growth, STAR Market, ChiNext and KOSDAQ compared, with the risks for investors.
Global Stock Market Hours: When the Big Exchanges Overlap
When do Tokyo, Hong Kong, London, Frankfurt and New York trade at the same time? Trading hours in UTC, the Europe–US overlap and why it changes twice a year.