The Emergence, Development and Perspective of China’s Stock Market
35
Table 2.9 Price earning (P/E) ratio and turnover rate (TR)
A-shares
P/E
B-shares
P/E
A-shares
TR (%)
B-shares
TR (%)
AandB
TR (%)
1995
16.32
Shanghai Stock Exchange
8.00 519.41
56.26396.00
199632.65
14.04760.0362.57591.00
1997
43.4311.99534.9973.47
326.00
1998
34.386.04355.3057.31
297.00
199938.1310.05
328.21
92.29
399.22
2000
59.14
25.23
498.85150.78449.06
200137.5743.39216.36452.26
244.27
200234.50
30.16
208.7595.98197.40
1995
9.8
Shenzhen Stock Exchange
6.01 229.91
23.68180.00
1996
38.88
14.07
1135.67122.15902.00
199742.6610.67579.36
78.47
466.00
199832.31
5.71
333.99
31.95283.00
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