Japan Exchange Group (TSE) (XJPX) vs Shanghai Stock Exchange (XSHG)
Japan Exchange Group (TSE) and Shanghai Stock Exchange compared by ISO 10383 identity, operator, trading session, settlement cycle and covered listings.
| Field | Japan Exchange Group (TSE) | Shanghai Stock Exchange |
|---|---|---|
| Operating MIC | XJPX | XSHG |
| Segment MICs | 5 | 1 |
| Country | Japan | China |
| Operator | Japan Exchange Group | Shanghai Stock Exchange |
| Operator LEI | 353800578ADEGIJTVW07 | 300300LRJ5FEZ23N8725 |
| Trading currency | JPY | CNY |
| Timezone | Asia/Tokyo | Asia/Shanghai |
| Session (local) | 09:00–15:30 | 09:30–15:00 |
| Lunch break | 11:30-12:30 | 11:30-13:00 |
| Settlement | T+2 | T+1 |
| Covered listings | 8 | 1 |
| Covered listed value ≈ | $1.1tn | $241.3bn |
| Benchmarks | Nikkei 225, TOPIX, JPX-Nikkei Index 400 | SSE Composite Index, SSE 50, STAR 50, CSI 300 (multi-venue) |
Japan Exchange Group (TSE)
Tokyo Stock Exchange; largest equity market in Asia by developed-market standards.
Shanghai Stock Exchange
Largest mainland-China exchange; access for foreign investors via Stock Connect.
"Covered listings" counts companies in the Finance Foundation dataset, not the venue's full listing count, and "covered listed value" sums the computed market caps of those companies (close 2026-08-28) — a sum of estimates over a hand-picked set, not the venue's listed market capitalisation. The comparison is of our covered set, stated plainly. MIC data from the ISO 10383 registry, operator LEIs from GLEIF, session times compiled from each venue's published calendar. seed-0.7 · marketcap-1 · 2026-08-30 · sources.