AI Data Insight
According to the latest data, China's ratio of M2 to the tradable market capitalization of domestic listed companies reached 3.6943 in Q3 2026, a significant increase from 3.3727 in Q2 2026. This reflects that although the broad money supply balance has exceeded 356 trillion yuan, the massive funds have not yet comprehensively boosted the overall market capitalization of the stock market, showing a divergence between capital momentum and structural market trends.