本文发表在 rolia.net 枫下论坛Stock markets capital accounts for 50% of China`s GDP
Beijing, Jan 02: Market capitalisation of China's two stock exchanges at Shanghai and Shenzhen accounted for nearly 50 per cent of the Communist giant's gross domestic product in 2006.
Information released by the Shanghai and Shenzhen securities exchanges shows that in 2006, stock trading volume in Shanghai and Shenzhen securities exchanges broke the nine trillion yuan mark to reach 9.05 trillion yuan (1.15 trillion US dollars) in total, or 186.22 per cent more than last year.
The two stock markets raised 220.44 billion yuan (27.90 billion US dollars) of funds in total, a historical high. By December 29, total market capitalisation in Shanghai and Shenzhen stock exchanges reached 8.94 trillion yuan, or 175.68 per cent more than last year and accounting for 49.62 per cent of the GDP figure, the China Securities Journal reported.
The Shanghai & Shenzhen 300 index rose by 121 per cent this year, the largest rising rate of all in global stock markets.
On December 29, 2006, the benchmark Shanghai Composite Index closed at 2,675.474, rising by 130.43 per cent for the whole year. The Shenzhen Composite Index closed at 6,647.14, increasing by 132.12 per cent for the whole year.
At present, the average P/E ratio for Shanghai stock market was 33.3, and the average P/E ratio for Shenzhen stock market was 32.72. The two stock exchanges have 1,421 listed companies with 1,507 listed shares in total, their total issued capital amounting to 1.27 trillion.
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Beijing, Jan 02: Market capitalisation of China's two stock exchanges at Shanghai and Shenzhen accounted for nearly 50 per cent of the Communist giant's gross domestic product in 2006.
Information released by the Shanghai and Shenzhen securities exchanges shows that in 2006, stock trading volume in Shanghai and Shenzhen securities exchanges broke the nine trillion yuan mark to reach 9.05 trillion yuan (1.15 trillion US dollars) in total, or 186.22 per cent more than last year.
The two stock markets raised 220.44 billion yuan (27.90 billion US dollars) of funds in total, a historical high. By December 29, total market capitalisation in Shanghai and Shenzhen stock exchanges reached 8.94 trillion yuan, or 175.68 per cent more than last year and accounting for 49.62 per cent of the GDP figure, the China Securities Journal reported.
The Shanghai & Shenzhen 300 index rose by 121 per cent this year, the largest rising rate of all in global stock markets.
On December 29, 2006, the benchmark Shanghai Composite Index closed at 2,675.474, rising by 130.43 per cent for the whole year. The Shenzhen Composite Index closed at 6,647.14, increasing by 132.12 per cent for the whole year.
At present, the average P/E ratio for Shanghai stock market was 33.3, and the average P/E ratio for Shenzhen stock market was 32.72. The two stock exchanges have 1,421 listed companies with 1,507 listed shares in total, their total issued capital amounting to 1.27 trillion.
Bureau Report更多精彩文章及讨论，请光临枫下论坛 rolia.net