Shanghai and Shenzhen Markets Post Combined Turnover of 1.63 Trillion Yuan

Turnover of this scale signals that domestic liquidity remains deep and active, with Shenzhen and the ChiNext board carrying a disproportionate share of speculative and growth-oriented flow. For crypto and RWA markets, the relevant read is that mainland risk appetite is being expressed through equities rather than digital assets, a dynamic that has persisted absent a clear policy shift. Whether this concentration in ChiNext trading continues, and whether it reflects durable conviction or short-term rotation, is the open question worth monitoring.