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Shenzhen Stock Exchange

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104-696: The Shenzhen Stock Exchange ( SZSE ; Chinese : 深圳证券交易所 ) is a stock exchange based in the city of Shenzhen , in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China , the others being the Beijing Stock Exchange and the Shanghai Stock Exchange . It is situated in the Futian district of Shenzhen. On 1 December 1990, Shenzhen Stock Exchange

208-537: A city consisting entirely of high-rise housing is the 16th-century city of Shibam in Yemen . Shibam was made up of over 500 tower houses, each one rising 5 to 11 stories high, with each floor being an apartment occupied by a single family. The city was built in this way in order to protect it from Bedouin attacks. Shibam still has the tallest mudbrick buildings in the world, with many of them over 30 m (98 ft) high. An early modern example of high-rise housing

312-443: A component—either a character or a sub-component called a radical —usually involves either a reduction in its total number of strokes , or an apparent streamlining of which strokes are chosen in what places—for example, the ⼓   ' WRAP ' radical used in the traditional character 沒 is simplified to ⼏   ' TABLE ' to form the simplified character 没 . By systematically simplifying radicals, large swaths of

416-434: A conversion table. While exercising such derivation, the following rules should be observed: Sample Derivations : The Series One List of Variant Characters reduces the number of total standard characters. First, amongst each set of variant characters sharing identical pronunciation and meaning, one character (usually the simplest in form) is elevated to the standard character set, and the rest are made obsolete. Then amongst

520-407: A few revised forms, and was implemented for official use by China's State Council on 5 June 2013. In Chinese, simplified characters are referred to by their official name 简化字 ; jiǎnhuàzì , or colloquially as 简体字 ; jiǎntǐzì . The latter term refers broadly to all character variants featuring simplifications of character form or structure, a practice which has always been present as

624-477: A futuristic design, the partners involved in the design and construction of this sky scraper included Rem Koolhaas, David Gianotten, Ellen van Loon and Shohei Shigematsu and construction by The Second Construction Co., Ltd of China Construction Third Engineering Bureau, a subsidiary of China State Construction Engineering Corporation. Simplified Chinese characters Simplified Chinese characters are one of two standardized character sets widely used to write

728-624: A key role in promoting innovation and entrepreneurship in China by providing a platform for smaller and innovative companies to raise capital and grow their businesses. This has led to the development of startups and technology companies in China. (As of January 2021) The listing requirements for the Shenzhen Stock Exchange (SZSE) are established by the China Securities Regulatory Commission and are designed to ensure

832-733: A more classical approach came back to global skyscraper design, that remains popular today. Examples are the Wells Fargo Center , NBC Tower , Parkview Square , 30 Park Place , the Messeturm , the iconic Petronas Towers and Jin Mao Tower . Other contemporary styles and movements in skyscraper design include organic , sustainable , neo-futurist , structuralist , high-tech , deconstructivist , blob , digital , streamline , novelty , critical regionalist , vernacular , Neo Art Deco and neohistorist , also known as revivalist . 3 September

936-599: A newly coined phono-semantic compound : Removing radicals Only retaining single radicals Replacing with ancient forms or variants : Adopting ancient vulgar variants : Readopting abandoned phonetic-loan characters : Copying and modifying another traditional character : Based on 132 characters and 14 components listed in Chart 2 of the Complete List , the 1,753 derived characters found in Chart 3 can be created by systematically simplifying components using Chart 2 as

1040-568: A part of the Chinese writing system. The official name tends to refer to the specific, systematic set published by the Chinese government, which includes not only simplifications of individual characters, but also a substantial reduction in the total number of characters through the merger of formerly distinct forms. According to Chinese palaeographer Qiu Xigui , the broadest trend in the evolution of Chinese characters over their history has been simplification, both in graphical shape ( 字形 ; zìxíng ),

1144-399: A particularly small surface area of what are conventionally thought of as walls. Because the walls are not load-bearing most skyscrapers are characterized by surface areas of windows made possible by the concept of steel frame and curtain wall. However, skyscrapers can also have curtain walls that mimic conventional walls and have a small surface area of windows. The concept of a skyscraper is

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1248-420: A product of the industrialized age , made possible by cheap fossil fuel derived energy and industrially refined raw materials such as steel and concrete . The construction of skyscrapers was enabled by steel frame construction that surpassed brick and mortar construction starting at the end of the 19th century and finally surpassing it in the 20th century together with reinforced concrete construction as

1352-454: A proto-skyscraper, or to New York's seven-floor Equitable Life Building , built in 1870. Steel skeleton construction has allowed for today's supertall skyscrapers now being built worldwide. The nomination of one structure versus another being the first skyscraper, and why, depends on what factors are stressed. The structural definition of the word skyscraper was refined later by architectural historians, based on engineering developments of

1456-412: A proud and soaring thing, rising in sheer exaltation that from bottom to top it is a unit without a single dissenting line. Some structural engineers define a high-rise as any vertical construction for which wind is a more significant load factor than earthquake or weight. Note that this criterion fits not only high-rises but some other tall structures, such as towers . Different organizations from

1560-556: A skyscraper today, it was record setting. The building of tall buildings in the 1880s gave the skyscraper its first architectural movement, broadly termed the Chicago School , which developed what has been called the Commercial Style. The architect, Major William Le Baron Jenney , created a load-bearing structural frame. In this building, a steel frame supported the entire weight of the walls, instead of load-bearing walls carrying

1664-417: A small surface area of windows. Modern skyscrapers often have a tubular structure , and are designed to act like a hollow cylinder to resist wind, seismic, and other lateral loads. To appear more slender, allow less wind exposure and transmit more daylight to the ground, many skyscrapers have a design with setbacks , which in some cases is also structurally required. As of September 2023 , fifteen cities in

1768-514: A time, the tallest of which is the 97.2 m (319 ft) high Asinelli Tower. A Florentine law of 1251 decreed that all urban buildings be immediately reduced to less than 26 m. Even medium-sized towns of the era are known to have proliferations of towers, such as the 72 towers that ranged up to 51 m height in San Gimignano . The medieval Egyptian city of Fustat housed many high-rise residential buildings, which Al-Muqaddasi in

1872-466: A variety of shapes, and it could be riveted, ensuring strong connections. The simplicity of a steel frame eliminated the inefficient part of a shear wall, the central portion, and consolidated support members in a much stronger fashion by allowing both horizontal and vertical supports throughout. Among steel's drawbacks is that as more material must be supported as height increases, the distance between supporting members must decrease, which in turn increases

1976-469: A vertical tube-like structural system capable of resisting lateral forces in any direction by cantilevering from the foundation". Closely spaced interconnected exterior columns form the tube. Horizontal loads (primarily wind) are supported by the structure as a whole. Framed tubes allow fewer interior columns, and so create more usable floor space, and about half the exterior surface is available for windows. Where larger openings like garage doors are required,

2080-440: Is actually more complex than eliminated ones. An example is the character 搾 which is eliminated in favor of the variant form 榨 . The 扌   'HAND' with three strokes on the left of the eliminated 搾 is now seen as more complex, appearing as the ⽊   'TREE' radical 木 , with four strokes, in the chosen variant 榨 . Not all characters standardised in the simplified set consist of fewer strokes. For instance,

2184-454: Is derived. Merging homophonous characters: Adapting cursive shapes ( 草書楷化 ): Replacing a component with a simple arbitrary symbol (such as 又 and 乂 ): Omitting entire components : Omitting components, then applying further alterations : Structural changes that preserve the basic shape Replacing the phonetic component of phono-semantic compounds : Replacing an uncommon phonetic component : Replacing entirely with

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2288-704: Is having a steel frame that supports curtain walls . This idea was invented by Viollet le Duc in his discourses on architecture. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than of those made of reinforced concrete . Modern skyscraper walls are not load-bearing , and most skyscrapers are characterized by large surface areas of windows made possible by steel frames and curtain walls. However, skyscrapers can have curtain walls that mimic conventional walls with

2392-406: Is important in most building design, but particularly for skyscrapers since even a small chance of catastrophic failure is unacceptable given the tremendous damage such failure would cause. This presents a paradox to civil engineers : the only way to assure a lack of failure is to test for all modes of failure, in both the laboratory and the real world. But the only way to know of all modes of failure

2496-433: Is largely from the force of the building material itself. In most building designs, the weight of the structure is much larger than the weight of the material that it will support beyond its own weight. In technical terms, the dead load , the load of the structure, is larger than the live load , the weight of things in the structure (people, furniture, vehicles, etc.). As such, the amount of structural material required within

2600-809: Is now discouraged. A State Language Commission official cited "oversimplification" as the reason for restoring some characters. The language authority declared an open comment period until 31 August 2009, for feedback from the public. In 2013, the List of Commonly Used Standard Chinese Characters was published as a revision of the 1988 lists; it included a total of 8105 characters. It included 45 newly recognized standard characters that were previously considered variant forms, as well as official approval of 226 characters that had been simplified by analogy and had seen wide use but were not explicitly given in previous lists or documents. Singapore underwent three successive rounds of character simplification , eventually arriving at

2704-609: Is referred to as the " big seal script ". The traditional narrative, as also attested in the Shuowen Jiezi dictionary ( c.  100 AD ), is that the Qin small seal script that would later be imposed across China was originally derived from the Zhou big seal script with few modifications. However, the body of epigraphic evidence comparing the character forms used by scribes gives no indication of any real consolidation in character forms prior to

2808-399: Is the global commemorative day for skyscrapers, called "Skyscraper Day". New York City developers competed among themselves, with successively taller buildings claiming the title of "world's tallest" in the 1920s and early 1930s, culminating with the completion of the 318.9 m (1,046 ft) Chrysler Building in 1930 and the 443.2 m (1,454 ft) Empire State Building in 1931,

2912-419: Is to learn from previous failures. Thus, no engineer can be absolutely sure that a given structure will resist all loadings that could cause failure; instead, one can only have large enough margins of safety such that a failure is acceptably unlikely. When buildings do fail, engineers question whether the failure was due to some lack of foresight or due to some unknowable factor. The load a skyscraper experiences

3016-540: Is used instead of 叠 in regions using traditional characters. The Chinese government stated that it wished to keep Chinese orthography stable. The Chart of Generally Utilized Characters of Modern Chinese was published in 1988 and included 7000 simplified and unsimplified characters. Of these, half were also included in the revised List of Commonly Used Characters in Modern Chinese , which specified 2500 common characters and 1000 less common characters. In 2009,

3120-656: The Chinese language , with the other being traditional characters . Their mass standardization during the 20th century was part of an initiative by the People's Republic of China (PRC) to promote literacy, and their use in ordinary circumstances on the mainland has been encouraged by the Chinese government since the 1950s. They are the official forms used in mainland China and Singapore , while traditional characters are officially used in Hong Kong , Macau , and Taiwan . Simplification of

3224-629: The " Seven Sisters ", were built between 1947 and 1953; and one, the Main building of Moscow State University , was the tallest building in Europe for nearly four decades (1953–1990). Other skyscrapers in the style of Socialist Classicism were erected in East Germany ( Frankfurter Tor ), Poland ( PKiN ), Ukraine ( Hotel Moscow ), Latvia ( Academy of Sciences ), and other Eastern Bloc countries. Western European countries also began to permit taller skyscrapers during

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3328-561: The "Dot" stroke : The traditional components ⺥ and 爫 become ⺈ : The traditional component 奐 becomes 奂 : Skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources define skyscrapers as being at least 100 meters (330 ft) or 150 meters (490 ft) in height, though there is no universally accepted definition, other than being very tall high-rise buildings . Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers

3432-456: The "external appearances of individual graphs", and in graphical form ( 字体 ; 字體 ; zìtǐ ), "overall changes in the distinguishing features of graphic[al] shape and calligraphic style, [...] in most cases refer[ring] to rather obvious and rather substantial changes". The initiatives following the founding of the Qin dynasty (221–206 BC) to universalize the use of their small seal script across

3536-460: The 10th century described as resembling minarets . Nasir Khusraw in the early 11th century described some of them rising up to 14 stories, with roof gardens on the top floor complete with ox-drawn water wheels for irrigating them. Cairo in the 16th century had high-rise apartment buildings where the two lower floors were for commercial and storage purposes and the multiple stories above them were rented out to tenants . An early example of

3640-465: The 1880s that had enabled construction of tall multi-story buildings. This definition was based on the steel skeleton—as opposed to constructions of load-bearing masonry , which passed their practical limit in 1891 with Chicago's Monadnock Building . What is the chief characteristic of the tall office building? It is lofty. It must be tall. The force and power of altitude must be in it, the glory and pride of exaltation must be in it. It must be every inch

3744-580: The 1960s now use a tube design derived from Khan's structural engineering principles, examples including the construction of the World Trade Center , Aon Center , Petronas Towers , Jin Mao Building , and most other supertall skyscrapers since the 1960s. The strong influence of tube structure design is also evident in the construction of the current tallest skyscraper, the Burj Khalifa , which uses

3848-587: The 1960s, according to the CTBUH, the skyscraper has been reoriented away from a symbol for North American corporate power to instead communicate a city or nation's place in the world. Skyscraper construction entered a three-decades-long era of stagnation in 1930 due to the Great Depression and then World War II . Shortly after the war ended, Russia began construction on a series of skyscrapers in Moscow . Seven, dubbed

3952-476: The 1986 General List of Simplified Chinese Characters , hereafter the General List . All characters simplified this way are enumerated in Chart 1 and Chart 2 in the 1986 Complete List . Characters in both charts are structurally simplified based on similar set of principles. They are separated into two charts to clearly mark those in Chart 2 as 'usable as simplified character components', based on which Chart 3

4056-508: The 1986 mainland China revisions. Unlike in mainland China, Singapore parents have the option of registering their children's names in traditional characters. Malaysia also promulgated a set of simplified characters in 1981, though completely identical to the mainland Chinese set. They are used in Chinese-language schools. All characters simplified this way are enumerated in Charts 1 and 2 of

4160-807: The 26th century BC. It was not surpassed in height for thousands of years, the 160 m (520 ft) Lincoln Cathedral having exceeded it in 1311–1549, before its central spire collapsed. The latter in turn was not surpassed until the 555-foot (169 m) Washington Monument in 1884. However, being uninhabited, none of these structures actually comply with the modern definition of a skyscraper. High-rise apartments flourished in classical antiquity . Ancient Roman insulae in imperial cities reached 10 and more stories. Beginning with Augustus (r. 30 BC-14 AD), several emperors attempted to establish limits of 20–25 m for multi-stories buildings, but were met with only limited success. Lower floors were typically occupied by shops or wealthy families, with

4264-666: The 57 m (187 ft) tall 1924 Marx House in Düsseldorf , the 65 m (213 ft) tall Borsigturm in Berlin , built in 1924, the 65 m (213 ft) tall Hansahochhaus in Cologne , Germany, built in 1925; the 61 m (200 ft) Kungstornen (Kings' Towers) in Stockholm , Sweden, which were built 1924–25; the 77 m (253 ft) Ullsteinhaus in Berlin, Germany, built in 1927;

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4368-596: The 89 m (292 ft) Edificio Telefónica in Madrid , Spain, built in 1929; the 87.5 m (287 ft) Boerentoren in Antwerp, Belgium, built in 1932; the 66 m (217 ft) Prudential Building in Warsaw , Poland, built in 1934; and the 108 m (354 ft) Torre Piacentini in Genoa , Italy, built in 1940. After an early competition between New York City and Chicago for

4472-559: The CTBUH, is the distance between the highest floor and its architectural top (excluding antennae, flagpole or other functional extensions). Vanity height first appeared in New York City skyscrapers as early as the 1920s and 1930s but supertall buildings have relied on such uninhabitable extensions for on average 30% of their height, raising potential definitional and sustainability issues. The current era of skyscrapers focuses on sustainability , its built and natural environments, including

4576-470: The Chinese government published a major revision to the list which included a total of 8300 characters. No new simplifications were introduced. In addition, slight modifications to the orthography of 44 characters to fit traditional calligraphic rules were initially proposed, but were not implemented due to negative public response. Also, the practice of unrestricted simplification of rare and archaic characters by analogy using simplified radicals or components

4680-749: The Shenzhen Stock Exchange would be directly managed by the China Securities Regulatory Commission . It also affirmed that China's stock exchanges had a legitimate role in the socialist market economy . In 2004, the Small and Medium Enterprise Board was launched. In October 2009, the ChiNext market ( Chinese : 创业板 ) was inaugurated. The exchange has pre-market sessions from 09:15 am to 09:25 am and normal trading sessions from 09:30 am to 11:30 am and 1:00 pm to 3:00 pm China Standard Time ( UTC+08:00 ) on all days of

4784-463: The United States and Europe define skyscrapers as buildings at least 150 m (490 ft) in height or taller, with " supertall " skyscrapers for buildings higher than 300 m (984 ft) and " megatall " skyscrapers for those taller than 600 m (1,969 ft). The tallest structure in ancient times was the 146 m (479 ft) Great Pyramid of Giza in ancient Egypt , built in

4888-497: The amount of material that must be supported. This becomes inefficient and uneconomic for buildings above 40 stories tall as usable floor spaces are reduced for supporting column and due to more usage of steel. A new structural system of framed tubes was developed by Fazlur Rahman Khan in 1963. The framed tube structure is defined as "a three dimensional space structure composed of three, four, or possibly more frames, braced frames, or shear walls, joined at or near their edges to form

4992-428: The character set are altered. Some simplifications were based on popular cursive forms that embody graphic or phonetic simplifications of the traditional forms. In addition, variant characters with identical pronunciation and meaning were reduced to a single standardized character, usually the simplest among all variants in form. Finally, many characters were left untouched by simplification and are thus identical between

5096-407: The chosen variants, those that appear in the "Complete List of Simplified Characters" are also simplified in character structure accordingly. Some examples follow: Sample reduction of equivalent variants : Ancient variants with simple structure are preferred : Simpler vulgar forms are also chosen : The chosen variant was already simplified in Chart 1 : In some instances, the chosen variant

5200-424: The classical designs of the early skyscrapers , instead embracing the uniform international style ; many older skyscrapers were redesigned to suit contemporary tastes or even demolished—such as New York's Singer Building , once the world's tallest skyscraper. German -American architect Ludwig Mies van der Rohe became one of the world's most renowned architects in the second half of the 20th century. He conceived

5304-465: The country's writing system as a serious impediment to its modernization. In 1916, a multi-part English-language article entitled "The Problem of the Chinese Language" co-authored by the Chinese linguist Yuen Ren Chao (1892–1982) and poet Hu Shih (1891–1962) has been identified as a turning point in the history of the Chinese script—as it was one of the first clear calls for China to move away from

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5408-644: The creation of a significant number of early skyscrapers, though none of these were steel reinforced and few remain today. Height limits and fire restrictions were later introduced. In the late 1800s, London builders found building heights limited due to issues with existing buildings. High-rise development in London is restricted at certain sites if it would obstruct protected views of St Paul's Cathedral and other historic buildings. This policy, 'St Paul's Heights', has officially been in operation since 1927. Concerns about aesthetics and fire safety had likewise hampered

5512-632: The development of skyscrapers across continental Europe for the first half of the 20th century. By 1940, there were around 100 high-rise buildings in Europe ( List of early skyscrapers ). Some examples of these are the 43 m (141 ft) tall 1898 Witte Huis (White House) in Rotterdam ; the 51.5 m (169 ft) tall PAST Building (1906–1908) in Warsaw ; the Royal Liver Building in Liverpool, completed in 1911 and 90 m (300 ft) high;

5616-402: The early 1960s Bangladeshi-American structural engineer Fazlur Rahman Khan , considered the "father of tubular designs " for high-rises, discovered that the dominating rigid steel frame structure was not the only system apt for tall buildings, marking a new era of skyscraper construction in terms of multiple structural systems . His central innovation in skyscraper design and construction

5720-472: The early 20th century. In 1909, the educator and linguist Lufei Kui formally proposed the use of simplified characters in education for the first time. Over the following years—marked by the 1911 Xinhai Revolution that toppled the Qing dynasty , followed by growing social and political discontent that further erupted into the 1919 May Fourth Movement —many anti-imperialist intellectuals throughout China began to see

5824-416: The environment and loaded structures with decorative elements and extravagant finishes. This approach to design was opposed by Fazlur Khan and he considered the designs to be whimsical rather than rational. Moreover, he considered the work to be a waste of precious natural resources. Khan's work promoted structures integrated with architecture and the least use of material resulting in the smallest impact on

5928-454: The environment. The next era of skyscrapers will focus on the environment including performance of structures, types of material, construction practices, absolute minimal use of materials/natural resources, embodied energy within the structures, and more importantly, a holistically integrated building systems approach. Modern building practices regarding supertall structures have led to the study of "vanity height". Vanity height, according to

6032-504: The exchange. In the years since its establishment, the ChiNext has undergone several reforms aimed at improving transparency, promoting more sustainable growth, and reducing risks associated with speculative trading. For example, in 2016, the exchange introduced a new registration-based IPO system, which simplified the listing process for new companies. The influences of ChiNext includes boosting innovation and entrepreneurship and attracting foreign investment. Specifically, ChiNext has played

6136-523: The first building in the world to feature a metal-framed glass curtain wall , a design element which creates light, airy interiors and has since been used the world over as a defining feature of skyscrapers". Further developments led to what many individuals and organizations consider the world's first skyscraper, the ten-story Home Insurance Building in Chicago, built in 1884–1885. While its original height of 42.1 m (138 ft) does not even qualify as

6240-616: The first official list of simplified forms was published, consisting of 324 characters collated by Peking University professor Qian Xuantong . However, fierce opposition within the KMT resulted in the list being rescinded in 1936. Work throughout the 1950s resulted in the 1956 promulgation of the Chinese Character Simplification Scheme , a draft of 515 simplified characters and 54 simplified components, whose simplifications would be present in most compound characters. Over

6344-463: The first round—but was massively unpopular and never saw consistent use. The second round of simplifications was ultimately retracted officially in 1986, well after they had largely ceased to be used due to their unpopularity and the confusion they caused. In August 2009, China began collecting public comments for a revised list of simplified characters; the resulting List of Commonly Used Standard Chinese Characters lists 8,105 characters, including

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6448-465: The following decade, the Script Reform Committee deliberated on characters in the 1956 scheme, collecting public input regarding the recognizability of variants, and often approving forms in small batches. Parallel to simplification, there were also initiatives aimed at eliminating the use of characters entirely and replacing them with pinyin as an official Chinese alphabet, but this possibility

6552-406: The founding of the Qin. The Han dynasty (202 BC – 220 AD) that inherited the Qin administration coincided with the perfection of clerical script through the process of libian . Eastward spread of Western learning Though most closely associated with the People's Republic, the idea of a mass simplification of character forms first gained traction in China during

6656-471: The glass façade skyscraper and, along with Norwegian Fred Severud , designed the Seagram Building in 1958, a skyscraper that is often regarded as the pinnacle of modernist high-rise architecture. Skyscraper construction surged throughout the 1960s. The impetus behind the upswing was a series of transformative innovations which made it possible for people to live and work in "cities in the sky". In

6760-465: The hundred-story John Hancock Center and the massive 442 m (1,450 ft) Willis Tower . Other pioneers of this field include Hal Iyengar , William LeMessurier , and Minoru Yamasaki , the architect of the World Trade Center . Many buildings designed in the 70s lacked a particular style and recalled ornamentation from earlier buildings designed before the 50s. These design plans ignored

6864-466: The increased usage of 朙 was followed by proliferation of a third variant: 眀 , with 目 'eye' on the left—likely derived as a contraction of 朙 . Ultimately, 明 became the character's standard form. The Book of Han (111 AD) describes an earlier attempt made by King Xuan of Zhou ( d.  782 BC ) to unify character forms across the states of ancient China , with his chief chronicler having "[written] fifteen chapters describing" what

6968-459: The left, with the 月 'Moon' component on the right. Li Si ( d.  208 BC ), the Chancellor of Qin, attempted to universalize the Qin small seal script across China following the wars that had politically unified the country for the first time. Li prescribed the 朙 form of the word for 'bright', but some scribes ignored this and continued to write the character as 明 . However,

7072-454: The lower levels of a skyscraper will be much larger than the material required within higher levels. This is not always visually apparent. The Empire State Building 's setbacks are actually a result of the building code at the time ( 1916 Zoning Resolution ), and were not structurally required. On the other hand, John Hancock Center 's shape is uniquely the result of how it supports loads. Vertical supports can come in several types, among which

7176-522: The main board. It is an effective supplement to the main board market. The biggest feature of the ChiNext is that it has low entry barriers and strict operation requirements, which help potential small and medium-sized enterprises obtain financing opportunities. History The establishment of the ChiNext was a response to the growing demand for alternative financing options for small and medium-sized enterprises (SMEs) in China. Prior to its creation, many SMEs had difficulty raising capital as they did not meet

7280-674: The most common for skyscrapers can be categorized as steel frames, concrete cores, tube within tube design, and shear walls. The wind loading on a skyscraper is also considerable. In fact, the lateral wind load imposed on supertall structures is generally the governing factor in the structural design. Wind pressure increases with height, so for very tall buildings, the loads associated with wind are larger than dead or live loads. Other vertical and horizontal loading factors come from varied, unpredictable sources, such as earthquakes. By 1895, steel had replaced cast iron as skyscrapers' structural material. Its malleability allowed it to be formed into

7384-435: The most complex encountered given the balances required between economics , engineering , and construction management. One common feature of skyscrapers is a steel framework from which curtain walls are suspended, rather than load-bearing walls of conventional construction. Most skyscrapers have a steel frame that enables them to be built taller than typical load-bearing walls of reinforced concrete. Skyscrapers usually have

7488-402: The most prominent Chinese authors of the 20th century, stated that "if Chinese characters are not destroyed, then China will die" ( 漢字不滅,中國必亡 ). During the 1930s and 1940s, discussions regarding simplification took place within the ruling Kuomintang (KMT) party. Many members of the Chinese intelligentsia maintained that simplification would increase literacy rates throughout the country. In 1935,

7592-406: The performance of structures, types of materials, construction practices, absolute minimal use of materials and natural resources, energy within the structure, and a holistically integrated building systems approach. LEED is a current green building standard. Architecturally, with the movements of Postmodernism , New Urbanism and New Classical Architecture , that established since the 1980s,

7696-719: The price of steel decreased and labor costs increased. The steel frames become inefficient and uneconomic for supertall buildings as usable floor space is reduced for progressively larger supporting columns. Since about 1960, tubular designs have been used for high rises. This reduces the usage of material (more efficient in economic terms – Willis Tower uses a third less steel than the Empire State Building) yet allows greater height. It allows fewer interior columns, and so creates more usable floor space. It further enables buildings to take on various shapes. Elevators are characteristic to skyscrapers. In 1852 Elisha Otis introduced

7800-430: The public and quickly fell out of official use. It was ultimately formally rescinded in 1986. The second-round simplifications were unpopular in large part because most of the forms were completely new, in contrast to the familiar variants comprising the majority of the first round. With the rescission of the second round, work toward further character simplification largely came to an end. In 1986, authorities retracted

7904-602: The quality of companies listed on the exchange. The major listing requirements for the SZSE include: The Shenzhen Stock Exchange building is a skyscraper with a height of 245.8 metres (806 ft) and 49 floors. Its construction started in 2008 and was finished in 2013. The building was designed by Rem Koolhaas 's firm, the Office for Metropolitan Architecture . The building is located at 2012 Shennan Blvd., Futian District. With an area of 200,000 square metres, five high speed elevators and

8008-465: The recently conquered parts of the empire is generally seen as being the first real attempt at script reform in Chinese history. Before the 20th century, variation in character shape on the part of scribes, which would continue with the later invention of woodblock printing , was ubiquitous. For example, prior to the Qin dynasty (221–206 BC) the character meaning 'bright' was written as either 明 or 朙 —with either 日 'Sun' or 囧 'window' on

8112-474: The safety elevator at the E. V. Haughwout Building in New York City, allowing convenient and safe transport to buildings' upper floors. Otis later introduced the first commercial passenger elevators to the Equitable Life Building in 1870, considered by some architectural historians to be the first skyscraper. Another crucial development was the use of a steel frame instead of stone or brick, otherwise

8216-643: The safety elevator, allowing convenient and safe passenger movement to upper floors. Another crucial development was the use of a steel frame instead of stone or brick, otherwise the walls on the lower floors on a tall building would be too thick to be practical. Today major manufacturers of elevators include Otis , ThyssenKrupp , Schindler , and KONE . Advances in construction techniques have allowed skyscrapers to narrow in width, while increasing in height. Some of these new techniques include mass dampers to reduce vibrations and swaying, and gaps to allow air to pass through, reducing wind shear. Good structural design

8320-476: The same set of simplified characters as mainland China. The first round was promulgated by the Ministry of Education in 1969, consisting of 498 simplified characters derived from 502 traditional characters. A second round of 2287 simplified characters was promulgated in 1974. The second set contained 49 differences from the mainland China system; these were removed in the final round in 1976. In 1993, Singapore adopted

8424-461: The second round completely, though they had been largely fallen out of use within a year of their initial introduction. That year, the authorities also promulgated a final version of the General List of Simplified Chinese Characters . It was identical to the 1964 list save for 6 changes—including the restoration of 3 characters that had been simplified in the first round: 叠 , 覆 , 像 ; the form 疊

8528-465: The stock market went well, they could be expanded, and if not, they could be stopped. In January 1992, Deng Xiaoping's Southern Tour saved China's capital market and the two stock exchanges (the other was the Shanghai Stock Exchange ). Before 1997, the Shenzhen Stock Exchange was under municipal control and termed an "experimental point". In July 1997, the State Council of China decided that

8632-474: The strict listing requirements of China's established stock exchanges in Shanghai and Shenzhen. The ChiNext was launched with 28 listed companies and quickly gained attention from investors as a platform for investing in high-growth industries such as technology, healthcare, and renewable energy. Over time, the number of listed companies on the ChiNext has grown, and as of 2021, there are over 800 companies listed on

8736-438: The title for six years. The design and construction of skyscrapers involves creating safe, habitable spaces in very tall buildings. The buildings must support their weight, resist wind and earthquakes, and protect occupants from fire. Yet they must also be conveniently accessible, even on the upper floors, and provide utilities and a comfortable climate for the occupants. The problems posed in skyscraper design are considered among

8840-488: The traditional and simplified Chinese orthographies. The Chinese government has never officially announced the completion of the simplification process after the bulk of characters were introduced by the 1960s. In the wake of the Cultural Revolution , a second round of simplified characters was promulgated in 1977—largely composed of entirely new variants intended to artificially lower the stroke count, in contrast to

8944-817: The traditional character 強 , with 11 strokes is standardised as 强 , with 12 strokes, which is a variant character. Such characters do not constitute simplified characters. The new standardized character forms shown in the Characters for Publishing and revised through the Common Modern Characters list tend to adopt vulgar variant character forms. Since the new forms take vulgar variants, many characters now appear slightly simpler compared to old forms, and as such are often mistaken as structurally simplified characters. Some examples follow: The traditional component 釆 becomes 米 : The traditional component 囚 becomes 日 : The traditional "Break" stroke becomes

9048-687: The tube frame must be interrupted, with transfer girders used to maintain structural integrity. Tube structures cut down costs, at the same time allowing buildings to reach greater heights. Concrete tube-frame construction was first used in the DeWitt-Chestnut Apartment Building , completed in Chicago in 1963, and soon after in the John Hancock Center and World Trade Center . The tubular systems are fundamental to tall building design. Most buildings over 40 stories constructed since

9152-474: The tube structure was the Chestnut De-Witt apartment building, considered to be a major development in modern architecture. These new designs opened an economic door for contractors, engineers, architects, and investors, providing vast amounts of real estate space on minimal plots of land. Over the next fifteen years, many towers were built by Fazlur Rahman Khan and the " Second Chicago School ", including

9256-472: The upper rented to the lower classes. Surviving Oxyrhynchus Papyri indicate that seven-stories buildings existed in provincial towns such as in 3rd century AD Hermopolis in Roman Egypt . The skylines of many important medieval cities had large numbers of high-rise urban towers, built by the wealthy for defense and status. The residential Towers of 12th century Bologna numbered between 80 and 100 at

9360-516: The use of characters entirely. Instead, Chao proposed that the language be written with an alphabet, which he saw as more logical and efficient. The alphabetization and simplification campaigns would exist alongside one another among the Republican intelligentsia for the next several decades. Recent commentators have echoed some contemporary claims that Chinese characters were blamed for the economic problems in China during that time. Lu Xun , one of

9464-460: The walls on the lower floors on a tall building would be too thick to be practical. An early development in this area was Oriel Chambers in Liverpool , England, built in 1864. It was only five floors high. The Royal Academy of Arts states, "critics at the time were horrified by its 'large agglomerations of protruding plate glass bubbles'. In fact, it was a precursor to Modernist architecture, being

9568-572: The week except Saturdays, Sundays and holidays declared by the Exchange in advance. The exchange opened the ChiNext board ( Chinese : 创业板 ), a NASDAQ -type exchange for high-growth, high-tech start-ups, on 23 October 2009. ChiNext is also called the second stock trading market. It refers to the securities trading market outside the main board. It provides growth space for small and medium-sized enterprises and emerging companies that cannot be listed in

9672-604: The weight of the building. This development led to the "Chicago skeleton" form of construction. In addition to the steel frame, the Home Insurance Building also utilized fireproofing, elevators, and electrical wiring, key elements in most skyscrapers today. Burnham and Root 's 45 m (148 ft) Rand McNally Building in Chicago, 1889, was the first all-steel framed skyscraper, while Louis Sullivan 's 41 m (135 ft) Wainwright Building in St. Louis, Missouri, 1891,

9776-814: The world have more than 100 skyscrapers that are 150 m (492 ft) or taller: Hong Kong with 552 skyscrapers; Shenzhen , China with 373 skyscrapers; New York City , US with 314 skyscrapers; Dubai , UAE with 252 skyscrapers; Guangzhou , China with 188 skyscrapers; Shanghai , China with 183 skyscrapers; Tokyo , Japan with 168 skyscrapers; Kuala Lumpur , Malaysia with 156 skyscrapers; Wuhan , China with 149 skyscrapers; Chongqing , China, with 144 skyscrapers; Chicago , US, with 137 skyscrapers; Chengdu , China with 117 skyscrapers; Jakarta , Indonesia , with 112 skyscrapers; Bangkok , Thailand , with 111 skyscrapers, and Mumbai , India with 102. As of 2024, there are over 7 thousand skyscrapers over 150 m (492 ft) in height worldwide. The term "skyscraper"

9880-648: The world's tallest building for forty years. The first completed 417 m (1,368 ft) tall World Trade Center tower became the world's tallest building in 1972. However, it was overtaken by the Sears Tower (now Willis Tower ) in Chicago within two years. The 442 m (1,450 ft) tall Sears Tower stood as the world's tallest building for 24 years, from 1974 until 1998, until it was edged out by 452 m (1,483 ft) Petronas Twin Towers in Kuala Lumpur, which held

9984-432: The world's tallest building, New York took the lead by 1895 with the completion of the 103 m (338 ft) tall American Surety Building , leaving New York with the title of the world's tallest building for many years. Modern skyscrapers are built with steel or reinforced concrete frameworks and curtain walls of glass or polished stone . They use mechanical equipment such as water pumps and elevators . Since

10088-470: The world, although only partially iron framed, is The Flaxmill in Shrewsbury , England. Built in 1797, it is seen as the "grandfather of skyscrapers", since its fireproof combination of cast iron columns and cast iron beams developed into the modern steel frame that made modern skyscrapers possible. In 2013 funding was confirmed to convert the derelict building into offices. In 1857, Elisha Otis introduced

10192-650: The years immediately following World War II. Early examples include Edificio España (Spain) and Torre Breda (Italy). From the 1930s onward, skyscrapers began to appear in various cities in East and Southeast Asia as well as in Latin America . Finally, they also began to be constructed in cities in Africa , the Middle East , South Asia , and Oceania from the late 1950s. Skyscraper projects after World War II typically rejected

10296-461: Was abandoned, confirmed by a speech given by Zhou Enlai in 1958. In 1965, the PRC published the List of Commonly Used Characters for Printing  [ zh ] (hereafter Characters for Printing ), which included standard printed forms for 6196 characters, including all of the forms from the 1956 scheme. A second round of simplified characters was promulgated in 1977, but was poorly received by

10400-611: Was first applied to buildings of steel-framed construction of at least 10 stories in the late 19th century, a result of public amazement at the tall buildings being built in major American cities like New York City , Philadelphia , Boston , Chicago , Detroit , and St. Louis . The first steel-frame skyscraper was the Home Insurance Building , originally 10 stories with a height of 42 m or 138 ft, in Chicago in 1885; two additional stories were added. Some point to Philadelphia's 10-story Jayne Building (1849–50) as

10504-408: Was founded. As an idea adapted from the capitalist countries, it was politically controversial in China. In support of the stock exchange, Deng Xiaoping rhetorically asked, "Are securities and the stock markets good or bad? Do they entail dangers? Are they peculiar to capitalism? Can socialism make use of them?" Deng contended that China must try them out and reserve judgment, because if securities and

10608-424: Was in 17th-century Edinburgh , Scotland, where a defensive city wall defined the boundaries of the city. Due to the restricted land area available for development, the houses increased in height instead. Buildings of 11 stories were common, and there are records of buildings as high as 14 stories. Many of the stone-built structures can still be seen today in the old town of Edinburgh. The oldest iron framed building in

10712-454: Was the concept of the "tube" structural system , including the "framed tube", "trussed tube", and "bundled tube". His "tube concept", using all the exterior wall perimeter structure of a building to simulate a thin-walled tube, revolutionized tall building design. These systems allow greater economic efficiency, and also allow skyscrapers to take on various shapes, no longer needing to be rectangular and box-shaped. The first building to employ

10816-596: Was the first steel-framed building with soaring vertical bands to emphasize the height of the building and is therefore considered to be the first early skyscraper. In 1889, the Mole Antonelliana in Italy was 197 m (549 ft) tall. Most early skyscrapers emerged in the land-strapped areas of New York City and Chicago toward the end of the 19th century. A land boom in Melbourne , Australia between 1888 and 1891 spurred

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