Shanghai and Shenzhen turnover tops 1 trillion yuan, down over 10 billion from prior session

The headline number matters less than the direction: turnover clearing 1 trillion yuan while still running below the prior session's pace suggests participation is cooling even at elevated volumes. That distinction — high absolute activity versus decelerating momentum — is the kind of signal that tends to precede choppier, more selective trading rather than a broad risk-on push. For now it reads as a liquidity observation rather than a verdict on sentiment. Whether the gap to the prior session widens or closes over the coming sessions is the open question worth tracking.