A new milestone for China’s A-share market

中国A股市场迎来新的里程碑

World Today

2025-12-23

54 分钟
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① The yearly transaction volume in China’s A-share market has exceeded 400 trillion yuan ($56.9 trillion) for the first time in 2025. We explore the factors that have contributed to this milestone. (00:52) ② What has prompted China to impose temporary anti-subsidy measures on certain dairy products imported from the European Union? (12:35) ③ Donald Trump has issued a new warning to his Venezuelan counterpart, saying it would be smart for Nicolas Maduro to leave power. What could be the ultimate goal of Washington’s pressure campaign against Caracas? (25:07) ④ We take a look at the perceived divergences between the recently unveiled U.S. National Defense Authorization Act and the U.S. National Security Strategy. (34:44) ⑤ China has begun reviewing a draft law on Antarctic activities and environmental protection. How would the proposed legislation regulate Antarctic activities that China is involved in? (45:39)
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  • Hello and welcome to World Today.

  • I'm Ding Heng in Beijing.

  • Coming up,

  • China's A-Share market has reached 400 trillion yuan in transaction volumes over the course of this year.

  • China slaps tariffs on EU dairy products amid trade round.

  • The Trump administration issues new warning to President Nicolas Maduro as Russia and China backs Venezuela.

  • And China is mulling over a law to regulate its activities in Antarctica.

  • To listen to this episode again or to catch up on our previous episodes,

  • you can download our podcast by searching World Today.

  • First up,

  • the yearly transaction volume in China's A-Share market has exceeded $400 trillion or $56.9 trillion for the first time this year.

  • According to financial data provider Hifink,

  • the volume reached more than $405 trillion as of the market closure on Monday.

  • It's estimated that the turnover rate which measures equities and liquidity,

  • activity and popularity could reach 1.74% in the A-shear market over the course of this year,

  • the highest level since 2016.

  • 19 individual stocks reached $1 trillion or $142 billion in transaction volume throughout the year.

  • 2025 has also witnessed the Shanghai Composite Index touch a decade high.

  • So for more joining us now on the line is Dr.

  • Yao Shu Jie, Chang Kong Professor of Economics, West Chongqing University.