Assembled shear wall built with precast two-way hollow slab is a new-typed shear wall built with precast concrete. In order to study its mechanical property, a quasi-static experiment is conducted with 1 reinforced concrete shear wall and 2 new type shear walls as the study objects. It was found that the internal and vertical joints of the wall body were vulnerable parts so that the new-typed shear wall experienced the loading process from the whole wall to the portioned wall. So, brittle shear failure can be avoided, deformability and anti-collapse performance are greatly improved, and shear capacity of wall body is reduced. The new-typed shear wall is reasonably structured, with convenient and reliable horizontal and vertical reinforcement, which leads to satisfactory vertical joint force-bearing capacity. Thus, it can be applied in practical construction.