The trade volume on the Shanghai and Shenzhen markets in August was down 30 percent from the previous month, according to the latest statistics from China's Securities Regulatory Commission (CSRC).

 

The two markets saw a combined turnover of 544.935 billion yuan (US$68 billion) in August, down 264.565 billion or 32.68 percent from July, said CSRC.

 

Statistics show that companies raised 11.476 billion yuan from the markets last month, nearly half of that in July.

 

From January to August, a total of 175.695 billion yuan was raised by mainland companies through the Shanghai and Shenzhen markets and the H-share market in Hong Kong, up 51 percent year on year.

 

(Xinhua News Agency September 22, 2006)