Shanghai and Shenzhen exceeded 7 trillion total market capitalization.

<P> Shanghai and Shenzhen stock market index climbing recently, the two cities traded securities market have gone up. .Total market value of the two cities on Thursday 7 trillion yuan mark for the first time, which is expected to account for the proportion of the GDP this year, more than three percent. .Last year, China's GDP was 18.3 trillion yuan, according to growth rate of about 10% per year, on total market value of the two cities will account for about 34% of GDP this year, has more than three percent. .Friday, despite the broader market down, but the total market value of the successful stand still pass on the integers. .</ P> <P> 11 23, the Shanghai Composite Index, Shenzhen Component Index hit 2071.24 points, respectively, 5345.91 points 5 years, 9 year high, while Shanghai and Shenzhen A shares, B shares, bonds ., the total market value of warrants and other securities also reached a record of 7.088091 trillion yuan. .Among them, the cities A total market value of shares rose to a record high of 6.843358 trillion yuan, the two cities B shares of market capitalization 108.653 billion yuan; cities enterprises (transfer) price of the bond market amounted to 117.168 billion yuan, 18.912 billion total market value of warrants .dollars. .In addition, the two cities other than the A shares of restricted shares of market capitalization reached 1.873645 trillion yuan. .</ P> <P> far, a total of 1394 in Shanghai and Shenzhen A shares and 109 B shares, and 106 enterprises (transfer) bonds and 27 warrants. .Statistics show that 1,394 A shares in the two cities, 6 total market value of stocks billion yuan in 1000, namely ICBC, Bank of China, Sinopec, China Merchants Bank, Baosteel, the Hong Kong Group. .The total market value of the 6 stocks totaled 3.316845 trillion yuan, accounting for A shares in Shanghai and Shenzhen stock markets for 48% of the total market value, is worthy of "super aircraft carrier." .In addition, the Datong-Qinhuangdao railway, Minsheng Bank, Huaneng Power International, China Unicom has also entered the top 10 of the total market capitalization. .</ P> <P> last year, the Shanghai and Shenzhen stock market capitalization-GDP ratio of only 18%. .</ P> <P> who prop up the 1.8 trillion in market capitalization </ P> <P> with the ICBC, BOC, Air China and other blue chips have landed A-share market, the first 11 months of this year alone, the two cities to raise IPO .total funds amounted to 118.23 billion yuan, a substantial increase in the proportion of direct financing. .</ P> <P> the industry, reborn after the share reform in China after the stock market, the position in the national economy increasing, as economic "barometer" of the feature will gradually play. .A few years ago, the China's stock market will be "marginalized" concerns will be history. .</ P> <P> However, analysts point out that the developed countries and regions and overseas markets, total market value of Shanghai and Shenzhen stock market is still significantly lower proportion of total GDP. .Such as the United States, Britain and other countries GDP, the proportion of total market capitalization in excess of 100%. .From this perspective, China's securities market is still huge potential for development. .</ P> <P> Credit Suisse (Hong Kong) Managing Director Vincent Chan has had predicted, the total market value of China's capital market in 2010, nearly 15 trillion yuan, reached 1.876 trillion U.S. dollars, compared with 2005 growth of more than $ 402,000,000,000 .4 times, while the market value of the proportion of total national GDP will rise to 50%. .</ P> <P> </ P>.