China: Broad Money M2 / Free Float Market Capitalization of Listed Companies

Macro

2026-10-01

Description

The M2/Free Float Market Capitalization of domestic listed companies is mainly used to evaluate the proportion of funds allocated by residents and enterprises in the stock market relative to the amount of funds in the entire society. A higher ratio indicates that the money supply in the market is larger relative to the size of the stock market, which may indicate sufficient funds but insufficient investment in the stock market; a lower ratio indicates that the stock market is relatively large or the money supply is relatively limited.

Published by
Choice Eastmoney
Frequency
Monthly
Next Update

AI Data Insight

In the third quarter of 2026, the ratio of China's M2 to the circulating market capitalization of domestic listed companies fell to 3.5391, a significant decrease from the previous value of 3.6943. As M2 growth slowed to 7.5% in August and the proportion of direct financing, such as stocks and bonds, surpassed traditional credit for the first time, market funds are gradually tilting towards the real capital market, providing structural support for A-shares.

AI Data Insight

In the third quarter of 2026, the ratio of China's M2 to the circulating market capitalization of domestic listed companies fell to 3.5391, a significant decrease from the previous value of 3.6943. As M2 growth slowed to 7.5% in August and the proportion of direct financing, such as stocks and bonds, surpassed traditional credit for the first time, market funds are gradually tilting towards the real capital market, providing structural support for A-shares.

Description

The M2/Free Float Market Capitalization of domestic listed companies is mainly used to evaluate the proportion of funds allocated by residents and enterprises in the stock market relative to the amount of funds in the entire society. A higher ratio indicates that the money supply in the market is larger relative to the size of the stock market, which may indicate sufficient funds but insufficient investment in the stock market; a lower ratio indicates that the stock market is relatively large or the money supply is relatively limited.

Published by
Choice Eastmoney
Frequency
Monthly
Next Update