this post was submitted on 14 May 2025
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... the majority of China's GDP and employment is produced by private companies; many of the state enterprises in the remainder offer stock and dividends to private investors like private companies do.
... it trades in ownership of firms.
I do know that stock markets trade in the ownership of companies, but to what end it's being used or whether it has any interesting features I can't tell you. I didn't know about the GDP, but I was going from the top 100 Chinese company's public ownership share (the majority of top 100 companies are majority state owned, plus an additional ~15% that's classified as mixed ownership, between 10% to 50% state ownership). that's a bit misguided of me and I apologize.