China’s market surpassed Japan to take No.2 spot
“The mainland has leapfrogged past Japan to become the world’s second-largest stock market in terms of capitalisation, thanks to robust trading and a rash of mega listings.
Bloomberg’s tally put the total market value of the Shanghai and Shenzhen stock exchanges yesterday at the equivalent of US$4.72 trillion. While the financial news service does not have an updated version of Japan’s stock market value, the Tokyo Stock Exchange’s website logged a total yesterday of 441.84 trillion yen (HK$32 trillion), translating to just US$4.11 trillion.”
