Shanghai stock exchange was only the seventh largest only six months ago, so how is it the third biggest behind the Nasdaq and NYSE?

Six months ago, the Shanghai Exchange had a market capitalisation of less than $3 trillion dollar. Now it has reached $5.4 trillion dollar, according to its website, compared to Japan Stock Exchange of $4 trillion dollar.

However, if we include the Shenzen Stock Exchange (which was the ninth largest in world six months ago), now with a value of $3.2 trillion dollar in market capitalization.

Adding both the Shanghai and Shenzen exchanges together, the Chinese stock exchange has a combined stock market capitalization of $8.6 trillion dollar, making it the second biggest, behind the U.S.

Submitted April 17, 2015 at 07:52AM by whinvesting http://ift.tt/1yz9CpJ