China's Shanghai and Shenzhen markets recorded combined turnover of 1.79 tln yuan on Sept. 2, down from the prior session and marking a tenth consecutive trading day below the 20-day moving average of 2.20 tln yuan, which has oscillated around that level since August. Turnover below the 20-day average—a proxy for aggregate institutional, speculative and retail participation—signals cooling market activity and softer sentiment.

2026-09-03

China's Shanghai and Shenzhen markets recorded combined turnover of 1.79 tln yuan on Sept. 2, down from the prior session and marking a tenth consecutive trading day below the 20-day moving average of 2.20 tln yuan, which has oscillated around that level since August. Turnover below the 20-day average—a proxy for aggregate institutional, speculative and retail participation—signals cooling market activity and softer sentiment.