Exclusive: Shanghai Recasts Shipping Exchange to Bolster Global Hub Ambitions

China’s sole national-level shipping exchange is set for a sweeping restructuring, as the Shanghai Shipping Exchange (SSE) is converted into a state-owned enterprise and folded into the Shanghai Exchange Group (SEG), reshaping its governance and commercial mandate.

SEG confirmed to Caixin that it will assume control of the shipping bourse’s corporate entity, marking a significant institutional shift for the 30-year-old platform.

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