Shanghai and Shenzhen stock turnover passes 1 trillion yuan on October 8 morning
In short
Combined turnover on the Shanghai and Shenzhen stock markets passed 1 trillion yuan on the morning of October 8, more than 170 billion yuan above the same point in the previous trading day, CLS and Jiemian reported. Financial news service CLS projected full-day turnover of about 1.7 trillion yuan.
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Combined turnover on the Shanghai and Shenzhen stock markets passed 1 trillion yuan on the morning of October 8, according to Yicai, CLS and Jiemian. CLS and Jiemian both reported that turnover at that point was more than 170 billion yuan higher than at the same time in the previous trading day. Citing its own market-monitoring data, CLS projected that full-day turnover would reach about 1.7 trillion yuan. [ 3 , 4 , 5 ]
Earlier in the session, Yicai and Jiemian reported that turnover had passed 500 billion yuan. Jiemian said volume at that stage was more than 100 billion yuan above the same point in the previous trading day. [ 1 , 2 ]
Why it matters
Several business outlets tracked the rise in trading volume through the morning, reporting each milestone as it was passed. The reports show trading running ahead of the previous session; CLS's full-day estimate is a projection, not a final figure.
Key facts
- Combined Shanghai and Shenzhen turnover passed 500 billion yuan on October 8. [ 1 , 2 ]
- At the 500 billion yuan mark, turnover was more than 100 billion yuan higher than at the same time in the previous trading day, according to Jiemian. [ 2 ]
- Turnover passed 1 trillion yuan on the morning of October 8. [ 3 , 4 , 5 ]
- At the 1 trillion yuan mark, turnover was more than 170 billion yuan above the same time in the previous trading day. [ 4 , 5 ]
- CLS, citing its own market-monitoring data, projected full-day turnover of about 1.7 trillion yuan. [ 4 ]
Confirmed by several sources
- Shanghai and Shenzhen combined turnover passed 500 billion yuan on October 8. [ 1 , 2 ]
- Shanghai and Shenzhen combined turnover passed 1 trillion yuan on October 8. [ 3 , 4 , 5 ]
- At the 1 trillion yuan mark, turnover was more than 170 billion yuan above the same time in the previous trading day. [ 4 , 5 ]
Still unclear
- Whether full-day turnover will reach about 1.7 trillion yuan. This is a projection reported only by CLS; no final figure is given in the documents.
- Turnover was more than 100 billion yuan above the previous session at the 500 billion yuan mark. Reported only by Jiemian.
What local media are saying
Timeline, local time
- Yicai reports Shanghai and Shenzhen turnover has passed 500 billion yuan. [ 1 ]
- Jiemian reports turnover above 500 billion yuan, more than 100 billion yuan higher than at the same time in the previous trading day. [ 2 ]
- Yicai reports turnover has passed 1 trillion yuan. [ 3 ]
- CLS reports turnover above 1 trillion, more than 170 billion above the previous day at the same time, and projects about 1.7 trillion for the full day. [ 4 ]
- Jiemian reports turnover passed 1 trillion yuan on the morning of October 8. [ 5 ]