Volume, A shares are completely traded, which means that the daily volume is 654.38+000 billion, which is true. It is still a bear market, and the trading volume is small. During the big bull market, the daily trading volume was almost 300 billion. And it is a T+ 1 operation.
Stock index futures are different. He traded on margin. General margin trading is around 15%. Although his daily trading volume is hundreds of billions, the real money is only about 15%. Another point is that stock index futures are operated by T+0, which can be bought and sold many times a day, even hundreds of times. Here, there is a discount. In fact, the real money is not tens of billions.
The stock market is different. Many of them are long-term investments, held for several years, and the scale of funds is trillions. The two cannot be compared. Don't just look at the volume.