Month      Event
  • 1990-12     Shanghai Stock Exchange (SSE) re-opened
  • 1990-12     Shenzhen Stock Exchange (SZSE) founded
  • 1990-12     Commodity futures started trading
  • 1991-07     SZSE started trading
  • 1995-01     Current T+1 settlement rule introduced
  • 1995-95     Treasury futures trading suspended
  • 1996-12     Current 10% up/down limit introduced
  • 1998-03     Closed-end mutual funds started
  • 2001-09     Open-end mutual funds started
  • 2002-11     QFII program started
  • 2004-06     Small/Mid-Cap board started (002xxx tickers)
  • 2005-07     RMB peg to US Dollar ended
  • 2006-04     QDII program started
  • 2009-10     Start-up (Entrepreneurial) board started (300xxx tickers)
  • 2010-03     CSRC approved short-selling
  • 2010-04     CSI 300 index futures started trading
  • 2011-03     First public quant hedge fund product (GTJA)
  • 2011-11     RQFII program started in Hong Kong (RMB 20 Billion)
  • 2012-08     Centralized short inventory system started
  • 2012-12     RQFII quota expanded to RMB 270 Billion
  • 2013-01     RQFII expanded to Taiwan (RMB 100 Billion)
  • 2013-06     Online funds (Alibaba) started
  • 2013-09     Treasury futures trading re-started
  • 2013-09     Shanghai free-trade zone started
  • 2013-10     RQFII program expanded to London (RMB 80 Billion) and Singapore (RMB 50 Billion)
  • 2013-10     Direct RMB currency trading in London and Singapore
  • 2013-11     Index options and CSI 50 stock options started simulation trading
  • 2013-12     CSRC approved first fund-of-hedge-funds (FoHF)
  • 2014 1H     CSI 50 and CSI 500 index futures started simulation trading
  • 2014-04     Hong Kong and Shanghai exchanges announced mutual-market access platform
  • 2014-07     RQFII program expanded to South Korea and Germany (RMB 80 Billion quota for each)
  • 2014-11     Shanghai-Hong Kong Stock Connect launched
  • 2014-11     RQFII program expanded to Toronto (RMB 50 Billion)
  • 2014-11     RQFII program expanded to Australia (RMB 50 Billion)
  • 2015-04     CSI 50 and CSI 500 index futures start trading