According to statistics released by China and Hong Kong stock exchanges, the total market capitalization and average P/E of China stock markets as at August 31, 2010, are as follows:

  

    No. of listed companies   Market Capitalization   Average P/E
Hong Kong Stock Exchange Mainboard   1184   HK$17803 bn   14.84
             
Shanghai Stock Exchange A-Share   874   RMB 16253 bn   19.85
             
Shanghai Stock Exchange B-Share   54   RMB 87.1 bn   20.01
             
Shenzhen Stock Exchange A-Share   1051   RMB 7070.3 bn   36.68
             
Shenzhen Stock Exchange B-Share   54   RMB 101.7 bn   19.14
             
Exchange rates:            
HK$1 = US$ 0.1286            
RMB 1 = US$ 0.1468            

 

Remarks:

Though there had been 57 B-shares on Shanghai and 57 B-shares on Shenzhen stock exchanges, by August 31, 2010, there were only 54 B Shares in Shanghai Stock Exchange and 54 B shares in Shenzhen Stock Exchange due to suspension of trading or delisting of shares.

On August 31, 2010, Hong Kong Hang Seng Index, Shanghai Stock Exchange Composite Index and Shenzhen Stock Exchange Component Index closed at 20536.49, 2638.80 and 11338.37, respectively.

Related article:

Average P/E of China Stock Markets as at September 30, 2010

Average P/E of China Stock Markets as at August 4, 2010

Average P/E of China & Hong Kong Stock Exchanges as at July 5 , 2010