The daily stock trading volume on the Shanghai bourse averaged 823.87 billion yuan in May, down 1.0 percent from April, according to a monthly report released by the central bank on Wednesday.
The average daily trading volume in the Shenzhen stock market rose 22.9 percent on a monthly basis to 740.83 billion yuan in May.
The benchmark Shanghai Composite Index gained 3.83 percent from end-April to finish at 4611.74 at the end of May.
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