China's Stocks Market Capitalization Increased by $4.8 Trillion Since the End of 2014 to Almost $10 Trillion
"The value of Chinese stocks is poised to reach $10 trillion after a world-beating rally added virtually the equivalent of Japan’s equities market this year.
The Shanghai Composite Index climbed 8.9 percent this week, its biggest jump this year, to close above 5,000 for the first time since 2008. Companies with a primary listing in China were valued at $9.7 trillion at the end of trading Friday, an increase of $4.8 trillion since the end of 2014, according to data compiled by Bloomberg. Japan’s stock market is valued at $5 trillion, while the U.S. is at almost $25 trillion.
The Shanghai measure has jumped 146 percent in the past 12 months, the most among major global benchmark indexes, spurred by surging participation among individual Chinese investors and record margin debt. Worsening economic data has only fueled bets the government will step up stimulus efforts."
China’s Stock Market on Track to Reach $10 Trillion in Value
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