Right now China's stock market is worth over $10 trillion with the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange is at $4.4 trillion (World Federation of Exchanges), meaning there is $10.3 trillion in China's stock market since both the Shanghai and Shenzhen has been surging this year. The benchmark Shanghai Composite is up nearly 60% since January 1, and the Shenzhen Composite has skyrocketed by 120%, easily making it the world's best-performing market.
The crazy rise has pushed the Shanghai Stock Exchange up the ranks to become the world's third-biggest by market cap, behind the New York Stock Exchange at nearly $20 trillion and Nasdaq at $7 trillion.
81% of retail investors in China trade at least once a month, according to a State Street survey published earlier this year. American investors traded just 53% while French investors traded 32% monthly.
Top stock exchanges by market cap:
- New York Stock Exchange - $19.7 trillion
- NASDAQ OMX - $7.4 trillion
- Shanghai Stock Exchange - $5.9 trillion
- Japan Stock Exchange - Tokyo - $5 trillion
- Shenzhen Stock Exchange - $4.4 trillion
- Hong Kong Stock Exchange - $3.96 trillion
- Euronext - $3.5 trillion
