Shanghai, Shenzhen turnover tops 1 trillion yuan, down 165.8 billion from prior session

The headline number — turnover above 1 trillion yuan — looks robust, but the more telling figure is the drop from the prior session. Thinning volume at this level suggests participation is cooling even as the market stays liquid, a divergence worth noting for anyone tracking mainland risk appetite. There is no attribution in the item for the decline, so whether this is a one-session pause or the start of a broader fade in activity is the open question.