Shanghai Stock Exchange
Newsletter - February 2026
SSE Logo
Source: SSE, Wind, as of Feb 27, 2026
SSE Monthly Data
Equity Market Overview
MarketNo. of Listed CompaniesTotal Market Cap. (RMB tn)Average Daily Trading Value (RMB bn)MoM Change (%)
Main Board A170356.37748.08-23.29
STAR Market60411.76234.53-27.57
Total (A Shares)230768.13982.61-24.35
Index Performance
Index Performance
Note: the indexes are rebased to January 30, 2026
IndexesClosing PriceMonthly PerformanceYTD PerformancePE*
SSE Composite4162.881.094.8917.09
SSE 503039.43-0.880.2711.98
STAR 501488.02-1.4210.7069.75
CSI 3004710.650.091.7415.17
CSI 5008658.453.4415.9832.74
*Based on previous year's annual report, excluding loss-making companies
Capital Raised through IPO
Market2026 February2026 Total
No. of IPOCapital Raised (RMB bn)No. of IPOCapital Raised (RMB bn)
SSE Main Board10.7146.43
STAR Market34.0445.60
Total44.76812.03
Shanghai-Hong Kong Stock Connect
Average Daily Trading Value (RMB bn)MoM Change (%)
Northbound142.29-15.04
Southbound61.90-16.97
Bond Market Overview
Bond TypesMarket Value (RMB bn)MoM Change (%)Average Daily Trading Value (RMB bn)MoM Change (%)
Treasury bonds1312.051.2543.386.04
Local government bonds2324.09-0.311.25-26.04
Financial bonds45.74-0.910.10-64.66
Corporate bonds & Enterprise bonds14274.131.3369.89-7.75
Convertible bonds465.47-1.0443.29-12.33
Asset-backed securities1800.711.882.72-32.88
Total*20222.181.12160.63-6.65
*Bond repo not included
Fund Market Overview
Fund TypesNo. of Listed ProductsMarket Value (RMB bn)MoM Change (%)Average Daily Trading Value (RMB bn)MoM Change (%)
ETF8303669.11-0.98376.94-12.01
LOF11911.741.450.6056.32
REITs53151.92-0.170.35-23.41
Total10023832.78-0.94377.90-11.96
Derivatives Market Overview
OptionsAverage Daily No. of Contracts Traded (mn)MoM Change (%)Volume Put/Call Ratio (%)Total Open InterestMoM Change (%)Open Interest Put/Call Ratio (%)
SSE 50ETF Options0.79-31.3493.101.10-5.5679.48
CSI 300 ETF Options0.96-31.9093.001.19-6.4682.70
CSI 500 ETF Options1.50-27.97108.681.13-11.22140.27
ChinaAMC STAR 50 ETF Options1.19-41.34105.081.76-13.6690.02
E FUND STAR 50 ETF Options0.18-48.9196.700.41-11.0883.17
SSE New Listed Companies
CodeNameIndustryMarket Cap. (RMB bn)PE (TTM)Listing Day Performance (%)
Main Board
603284.SHAnhui Linping Circular Development Co., Ltd.Paper Products3.9228.3855.57
STAR Market
688816.SHIsvision (Hangzhou) Technology Co.,Ltd.Electronic Equipment & Instruments7.4992.7658.93
688818.SHCetc Lantian Technology Co., Ltd.Aerospace & Defense121.88352.80596.30
688712.SHInsight Lifetech Co., Ltd.Health Care Equipment17.17261.06183.33
Monthly News Highlights
China Tightens Regulation of Virtual Currencies, Real-world Asset Tokenization
2026/2/6 Source: Xinhua
Chinese authorities announced moves to strengthen regulatory oversight for virtual currencies and real-world asset (RWA) tokenization to prevent and resolve related risks, warning that related speculation activities have recently disrupted economic and financial order and endangered people's property security.
Activities related to virtual currencies are "illegal financial activities" and strictly banned in China, according to a notice issued by eight government departments, including the People's Bank of China and the China Securities Regulatory Commission.
https://english.news.cn/20260207/687dc009e6cd41ecaa34e8df03131258/c.html http://www.csrc.gov.cn/csrc/c100028/c7614318/content.shtml (original source in Chinese) http://www.csrc.gov.cn/csrc/c100028/c7614320/content.shtml (official Q&A in Chinese)
SSE Introduces New Measures to Facilitate Follow-on Offering
2026/2/9
The SSE announced a package of measures to optimize refinancing rules to support high-quality listed companies.
The move aims to better support the innovative development of high-quality listed companies, accommodate the refinancing needs of sci-tech enterprises, enhance the flexibility and convenience of refinancing, and refine oversight throughout the process.
https://english.sse.com.cn/news//newsrelease/c/c_20260211_10809345.shtml
SSE Releases List of Practical Initiatives for the Market in 2026
2026/2/12
The SSE recently released the List of SSE Practical Initiatives for the Market in 2026 following thorough research into market demands and in light of the SSE's work reality.
The List consists of 10 "practical initiatives" across five areas, covering listing review, frontline regulation, product innovation, market services, investor protection, information technology and other core business areas, with a view to addressing key concerns of the market.
https://english.sse.com.cn/news//newsrelease/c/c_20260213_10809557.shtml
Edited by LI Tianfang, FANG Yuqin, Dept. of International Affairs, Shanghai Stock Exchange.
Global Investor Services Team
Dept. of International Affairs
Shanghai Stock Exchange | 上海证券交易所
上海证券交易所尽力确保本文件所载数据及其他资料的正确和完整,但对本文件中的任何错误或遗漏不承担任何责任。上海证券交易所不对因使用本文件所载数据或资料而直接或间接产生的任何性质的索赔或损失承担责任。
此文件仅发给指定收件人或机构。其内容可能包含某种享有法律特权或者需要保密的信息。对于任何未经本所明确书面授权而对本文件所载内容进行使用、披露、分发、变更之行为及由此产生的后果,本所概不承担任何责任。
一旦您收悉此邮件,即表示无条件同意并接受上述所载的免责声明,以及上海证券交易所在无需给予任何理由或事先通知的情况下,可随时修改、更新、变更或增补本免责声明。
Shanghai Stock Exchange endeavors to ensure that the data and other material in this document are correct and complete, but does not accept liability for any error made or omission from this document. Shanghai Stock Exchange shall not be liable for any claims or losses of any nature, arising directly or indirectly from use of the data or material in this document.
The information contained in this document is intended solely for the use of the individual or entity to whom it is addressed. It may contain legally privileged or confidential information. The Shanghai Stock Exchange is not liable for any use, disclosure, distribution of or alteration to the contents of this information that has not been expressly authorized in writing by the Shanghai Stock Exchange.
By receiving the email, you expressly agree to the disclaimer above and that the Shanghai Stock Exchange may modify, update, revise or supplement the disclaimer at any time without giving any reason or prior notice.
To unsubscribe, please reply to this email with the word "Unsubscribe" in the subject.
To browse previous issues of our newsletter, please visit http://english.sse.com.cn/events/newsletter/
For more information on our privacy policy, please refer to https://www.sse.com.cn/home/grxxbhs/