Turnover on the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) has consistently exceeded 1 trillion yuan for 66 consecutive trading days, with recent days seeing turnover surpass 3 trillion yuan, setting new year-to-date records. The trading volume above 1.5 trillion yuan has persisted for 18 consecutive days, and turnover exceeding 2 trillion yuan has been recorded for 12 consecutive days. Despite fluctuations in market indices, with the Shanghai Composite Index and Shenzhen Component Index experiencing both gains and declines, the A-Share STAR 50 Index showed notable gains of over 7%. On August 28, the Shanghai Composite Index closed up 1.14%, Shenzhen Component Index up 2.25%, and ChiNext Index up 3.82%. Hong Kong's Hang Seng Index and Hang Seng Tech Index have seen mixed performance, with recent declines but also some rises in semiconductor stocks such as InnoScience (up 15.5%) and SMIC (up 11%). Mainland investors sold a record HK$20.4 billion (approximately $2.6 billion) worth of Hong Kong-listed stocks on August 28, marking a significant southbound net selling via the Stock Connect program. The China Finance Ministry reported that local government debt issuance in July reached 703.2 billion yuan, with net local government special bonds issuance at 616.9 billion yuan. Overall, the Chinese equity markets have shown sustained high trading activity amid mixed index performances and notable capital flows between mainland China and Hong Kong.