To support the Shanghai Stock Exchange and the Shenzhen Stock Exchange market value commissioned by the way.

支持上交所和深交所市价委托方式。

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The Shanghai and Shenzhen Stock markets share similar structures and regulatory environments, so there are interaction and influences of returns and volatility between the two market.

沪深股市相似的结构和监管环境使得两市的收益率和波动性之间具有相互作用和影响。

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Shanghai stock market displays more efficiency than Shenzhen stock market and provides more risk premiums.

上海市场的有效性要强于深圳市场，上海市场能够提供更高的风险溢价。

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Moreover, with Beijing having placed a moratorium on IPOs on exchanges in the cities of Shanghai and Shenzhen, and stock-trading volumes having been sluggish since the market crash, securities firms are keen to find new sources of revenue.

WSJ: Chinese Trusts Draw Big Inflows