Stock markets in mainland China have swelled in valuation, cementing its position as the world’s second-largest equity market
Stock markets in mainland China swelled to a roughly $12.7 trillion valuation in 2021, showing how domestic shares have largely been immune from the regulatory assault that has rocked many Chinese companies listed abroad.
The increase in market capitalization came partly from modest price gains—as of Dec. 31, the broad Shanghai Composite Index, for example, was up 4.8% from a year earlier—and partly from a rush of new listings in either Shanghai or Shenzhen. The growth cements China’s position as the world’s second-largest equity market.
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