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Macro US Stocks

Shanghai and Shenzhen Combined Turnover Reaches 1.54 Trillion Yuan

Combined turnover on the Shanghai and Shenzhen stock exchanges totaled 1.537831 trillion yuan on October 12. The Shanghai market accounted for 714.910 billion yuan, while the Shenzhen market contributed 822.921 billion yuan. The ChiNext board recorded 394.480 billion yuan in turnover.

Original source

AI take

Turnover of this scale is a liquidity signal rather than a directional one: it shows participation is broad enough to absorb size without obvious strain, and the Shenzhen side carrying the larger share points to continued activity in smaller, growth-oriented names. The ChiNext contribution matters most for crypto and RWA watchers, since that board's speculative appetite tends to track risk sentiment across adjacent markets. Whether this pace holds through the rest of the week is the open question, as single-session volume figures often reflect positioning rather than a durable shift.

Generated by AI for reference only.

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