Online via Zoom
This webinar explains how the Shenzhen Stock Exchange was established in response to widespread illicit, over-the-counter transactions on the streets of Shenzhen, with individual speculators negotiating under lychee trees along the Red Lichee Road—the so-called “Wall Street of China.”
As the first stock market in the People’s Republic of China, the opening of the Shenzhen Stock Exchange was a milestone in China’s economic reform as well as in global financial history. Yet the birth of the Shenzhen Stock Exchange was imbued with questionable legality. Not only did it start trial operation in December 1990 without official approval from Beijing, but it also continued to develop in the absence of national companies and securities laws or accounting standards in mainland China.
This program is part of the Considering China Webinar Series, exploring important topics related to China's many facets with the local community.
About the Speaker
Taomo Zhou is an Associate Professor in the Department of Chinese Studies and Dean’s Chair in the Faculty of Arts and Social Sciences, National University of Singapore. Her first book, Migration in the Time of Revolution: China, Indonesia and the Cold War (Cornell University Press, 2019), won a Foreign Affairs “Best Books of 2020” award and an Honorable Mention for the 2021 Harry J. Benda Prize from the Association for Asian Studies. Taomo is currently working on her second book project tentatively entitled “Made in Shenzhen: A Global History of China’s First Special Economic Zone,” which is under advance contract with Stanford University Press. She is also researching on motherhood during the Cold War.