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 September 30, 2010, are as follows:

  

    No. of listed companies   Market Capitalization   Average P/E
Hong Kong Stock Exchange Mainboard   1194   HK$19557.3 bn   15.95
             
Shanghai Stock Exchange A-Share   875   RMB 16431.4 bn   20.00
             
Shanghai Stock Exchange B-Share   54   RMB 87.8 bn   20.38
             
Shenzhen Stock Exchange A-Share   1079   RMB 7243.4 bn   40.05
             
Shenzhen Stock Exchange B-Share   54   RMB 111.5bn   21.25
             
Exchange rates:            
HK$1 = US$ 0.1289            
RMB 1 = US$ 0.1494            

  

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 22358.17, 2655.66 and 11468.54, respectively.

Related article:

Average P/E of China Stock Markets as at October 29, 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