China dethroned as world's most liquid stock market after curbs
Beijing
CHINA has lost its title as the world's most liquid stock market as trading halts and regulatory efforts to curb bearish transactions drive away investors.
Daily turnover on mainland exchanges has averaged the equivalent of US$202 billion over the past 30 days, down from US$288 billion at the start of July. After exceeding turnover on US bourses for about a month through July 8, the value of shares traded in China is now US$72 billion lower than in America. Volume in Shanghai on Tuesday was 36 per cent below the 30-day average.
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