20-16  General Statistics on Securities Markets
Item 2003 2004
       
  Number of Listed Companies (A and B Shares) in Mainland   1287 1377
  Number of Listed Companies of Foreign Fund (B Shares) in Mainland   111 110
  Number of Listed Companies (H Shares) Overseas   93 111
  Total Issued Capital (100 million shares)    6428.46 7149.43
      Negotiable Capital (100 million shares)    2269.92 2577.18
  Total Market Capitalization (100 million yuan)    42457.72 37055.57
      Negotiable Market Capitalization (100 millon yuan)    13178.52 11688.64
  Stock Trading Volume (million shares)    416308.40 582773.29
  Total Stock Turnover (100 million yuan)    32115.27 42333.95
  Composite Index of Shanghai   1497.04 1266.50
  Composite Index of Shenzhen   378.62 315.81
  Total Investors (10 000 accounts)    7344.41 7211.43
  Average P/E Ratio      
      Shanghai   36.54 24.23
      Shenzhen   36.19 24.63
   Average Turnover Rate (%)       
      Shanghai   250.75 288.71
      Shenzhen   214.18 288.29
  T-bonds Issued Volume (100 million yuan)    6280.10 6923.90
  Enterprise Bonds Issued Volume (100 million yuan)    358.00 327.00
  Bonds Trading Volume (10 000 pieces)    620194.41 504218.50
  Total Bonds Turnover (100 million yuan)    62136.36 50323.50
  Turnover of T-bonds Spots (100 million yuan)    5756.11 2966.46
  Turnover of T-bonds Repurchase (100 million yuan)    52999.85 44086.61
  Number of Securities Investment Funds (unit)    95 161
  Capital of Securities Investment Funds (100 million yuan)    1614.67 3308.79
  Turnover of Securities Investment Funds (100 million yuan)    682.65 728.58
  Future Trading Volume (10 000 pieces)    27992.43 30569.76
  Total Future Turnover (100 million yuan)    108396.59 146935.32
       
       
a) Average Turnover Rate = [Total Stock Turnover/(Negotiable Market Capitalization at the year-end + Negotiable Market Capitalization at the
    previous year-end)/2]*100%