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    China launches first online exchange for stamps, coins & cards   

    全國首家郵幣卡交易中心上線 預盤活6000億財富

    1日,上海郵幣卡交易中心正式上線,新華社副社長慎海雄等為交易中心揭牌,這也是首個全國性郵幣卡電子交易服務平臺。分析人士認為,郵幣卡市場由分散離線交易向集中在線交易轉變,不僅將盤活6000億元的社會財富,還將帶來從規則到體系的變革,衍生出新的交易生態系統。[查看全文]
    2014-09-02 14:18 Ecns.cn Web Editor: Si Huan
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    The Shanghai Stamp, Coin and Card Exchange Corp officially opens on Monday. (Photo: Xinmin Evening News)

    The Shanghai Stamp, Coin and Card Exchange Corp officially opens on Monday. (Photo: Xinmin Evening News)

    (ECNS) – The Shanghai Stamp, Coin and Card Exchange Corp officially opened on Monday, becoming China's first electronic trading service platform for such collections, the China securities Journal reported.

    Analysts said the new platform could unleash wealth worth 600 billion yuan ($97.2 billion) into the market.

    China has 62 brick-and-mortar trading centers and 21 online platforms for stamps, coins, and magnetic cards. The total size of the market is about 500 billion ($81 billion) to 600 billion yuan, but its annual turnover is only about 20 billion ($3.24 billion) to 25 billion yuan ($4.05 billion).

    The exchange is a wealth-shift platform to revitalize collectors' stored assets, said Xu Zhibin, the center's general manager.

    The trading center will develop into a comprehensive trading platform, opening its door to collectors, investors, and collection hobbyists, according to the development plan. It will provide a variety of investments with the help of modern financial instruments. In regard to the difficulty of storing and circulating the collections, it will provide daily trusteeship and trade services, which will extend to the finance and information areas.

    It aims to provide an integrated and healthy trading market for collections, and guarantee sustainable development, Xu added.

    The exchange is a state-controlled hybrid corporation, jointly funded by the Shanghai Post Industrial Development Corporation, Beijing Xinhua Financial Information Exchange Center Co. Ltd., and Shanghai Zhen Ying Investment Co. Ltd. It is the first authoritative state-backed trading platform for stamps, coins and cards.

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