Asia Block Trades CSRC CNY

China Block Trades on SSE & SZSE

Block-trade financing and discreet execution for large lines of shares listed in China — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · The Market

Asia

China equity markets.

Black Haven Investments provides liquidity around block trades in China-listed equity: off-market or negotiated-price execution, risk taken on the line itself, and the large-holding disclosure that follows a substantial transfer managed end to end. The market is overseen by China Securities Regulatory Commission (CSRC).

China block trades at a glance:

Listed venues	Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE)
Regulator	China Securities Regulatory Commission (CSRC)
Currency	CNY
Principal indices	SSE Composite, SSE 50, STAR 50
Structure	Off-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

Two Venues

Each China exchange, covered.

SSE · Shanghai

Shanghai Stock Exchange

Mainland China’s senior board, home to its largest state-linked, financial and industrial issuers. Non-resident access to A-shares runs principally through Northbound Stock Connect and the QFII / RQFII channels, so a pledge here is structured differently from an open-market venue and mapped case by case.

View SSE → SZSE · Shenzhen

Shenzhen Stock Exchange

The mainland’s growth and technology board, where ChiNext plays a role close to that of Nasdaq. Single-stock volatility tends to run higher than on the senior board, and foreign access is principally via Northbound Stock Connect and QFII / RQFII — both central to how a position is sized.

View SZSE →

03 · FAQ

China · Block Trades

What holders ask about China.

01How do you execute a China block trade?

We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.

02How large a block can you handle in China?

It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.

03Does the block trade have to be disclosed?

Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by CSRC. We manage the sequencing and wording of any required notification around the trade.

04Can you finance the buyer of the block?

Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired China-listed line serves immediately as collateral for the financing that funds it.

04 · Adjacent Markets

Asia

Countries adjacent to China.

Hong Kong · Japan · South Korea · Taiwan · Singapore · Australia · New Zealand · India · Thailand · Indonesia · Malaysia · Philippines · Vietnam · Pakistan · Sri Lanka · Kazakhstan · Bangladesh

All countries →

A particular China holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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