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Macro US Stocks

Shanghai and Shenzhen Stock Exchanges Post Combined Turnover of 1.61 Trillion Yuan

Combined turnover on the Shanghai and Shenzhen stock exchanges reached 1.608793 trillion yuan on October 26. The Shanghai market accounted for 746.528 billion yuan, while the Shenzhen market contributed 862.265 billion yuan. Turnover on the ChiNext board totaled 429.672 billion yuan.

Original source

AI take

Turnover alone is a sentiment gauge rather than a directional signal, and the split here is telling: Shenzhen out-traded Shanghai, with ChiNext alone accounting for a substantial slice of the total. That composition suggests activity is concentrated in growth-oriented, higher-beta names rather than blue chips, which shapes how durable the session's liquidity really is. Whether this level of participation persists across consecutive sessions, and whether the Shenzhen-ChiNext tilt holds, is the open question worth watching.

Generated by AI for reference only.

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