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Macro US Stocks

Shanghai and Shenzhen Markets Post Combined 2.03 Trillion Yuan Turnover

Combined turnover on the Shanghai and Shenzhen stock exchanges reached 2.031513 trillion yuan on September 21. Shanghai accounted for 946.819 billion yuan, Shenzhen for 1.084694 trillion yuan, and the ChiNext board for 525.256 billion yuan.

Original source

AI take

Turnover alone is a thin signal, but the split matters: Shenzhen outpacing Shanghai, with ChiNext alone accounting for roughly a quarter of the combined total, points to activity concentrated in smaller, growth-oriented listings rather than the main board. That composition is the notable part, since it suggests risk appetite is running through the more speculative segments of the onshore market. Whether that skew persists across subsequent sessions, or broadens back toward Shanghai, is the open question worth tracking.

Generated by AI for reference only.

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