FINANCE

China Stock Trading Sets Annual Record Above 400 Trillion Yuan

Published: Dec. 24, 2025 11:00 a.m. GMT+8

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China’s mainland stock market has already set a record for annual trading turnover this year, surpassing 400 trillion yuan ($57 trillion) by Monday, highlighting a sharp rise in market activity.

The market recorded total turnover of nearly 406 trillion yuan, compared with 253 trillion yuan during the 2015 bull market and 257 trillion yuan in 2021.

Unlike the 2015 rally driven by broad-based leverage, the current surge has been led largely by technology stocks. Trading activity has become increasingly concentrated among technology leaders.

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Mainland China’s stock market turnover surpassed 400 trillion yuan ($57 trillion) in 2024, up from 257 trillion yuan in 2021.
The surge is mainly driven by technology stocks, with traditional stocks seeing muted activity.
Securities firms’ revenues and government stamp duty receipts have significantly increased alongside higher trading volumes.

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