China Market Intelligence, in full.

China discloses more than most investors realize. Almost none of it arrives in a form a Western research process can use. Orbit built the whole record: eight datasets, translated, structured, point in time, and anchored to the same entity master as every other market we cover.

China market coverage statistics

Why this market needs its own collection

Three things make China unlike any other market.

01
Retail moves the price

Retail investors account for an estimated 50 to 70 percent of daily A-share trading volume, against 10 to 20 percent in developed markets. Sentiment moves prices in ways a filings-only view never captures.

02
Regulation compels disclosure with no Western equivalent

When institutions carry out on-site research at a listed company, that company must publish the Q&A. When retail investors ask questions on the exchange platforms, executives must answer on the record.

03
The record is in Mandarin, distributed differently

Coverage sits behind channels outside the reach of most global vendors. Most respond by covering the headline filings and stopping there.

The result is a market that is at once the most disclosed and the least accessible.

Retail share of daily trading volume comparison

What is in the collection

Five kinds of intelligence, eight datasets.

Each dataset answers a different question about the same company. Together they give you the complete picture of the Chinese market, from every side that moves it, available nowhere else.

Sell-side Intelligence

China Broker Research

What the analysts who cover these names actually concluded.

Market Intelligence

China Exchange Filings · Earnings Call Transcripts · Bond Issues and Corporate Actions

The official record. What was filed, what was said on the call, and what was issued in debt.

Institutional Investor Intelligence

Institutional Meeting Transcripts · Third Party Transcripts

What was said when institutions were in the room, on the record and off it.

Retail Investor Intelligence

Retail Investor Q&A Transcripts

What the investors who move A-share prices are asking about, and when.

Trade Flow Intelligence

Trade Order Flow Data

How the market actually traded, at full order book depth.

Try it

See all eight on one company.

Pick any A-share name and we'll show you what each dataset returns.

The eight datasets in detail

China Broker Research

Sell-side Intelligence

The domestic sell-side view on Chinese companies, from the 119 houses that cover them most closely. Sell-side research is normally gated by entitlements, meaning access depends on holding a trading relationship with each broker. Orbit removes that barrier: the full set arrives licensed, translated and tagged to standard identifiers, so it joins cleanly to filings and price history and holds up in a backtest.

Coverage
6,765 Chinese tickers
Split
5,241 A-share, 1,524 H-share
Volume
1.1M+ reports since 2020
Recent year
373,170 reports in 2024
Brokers
119 domestic houses
History
15+ years, from 2010

China Exchange Filings

Market Intelligence

Every exchange document filed by China A-share companies on the Shanghai and Shenzhen exchanges, parsed to machine-readable text and vectorized at block level. The archive is point in time, so companies that have since delisted remain in the record and a backtest is not distorted by survivorship.

Coverage
5,500+ A-share companies
Archive
Point in time, incl. delisted
Exchanges
Shanghai and Shenzhen
Format
TXT, vector, source PDF
Structure
Page and block level
Latency
Before next market open

Earnings Call Transcripts

Market Intelligence

Transcripts of earnings calls held after annual and quarterly results are filed with the Shanghai and Shenzhen exchanges. Management's own account of the quarter, in full, translated and structured so it can be compared across periods, across peers and against what the company filed.

Coverage
China A-share universe
Source
Annual and quarterly calls
Exchanges
Shanghai and Shenzhen
History
10+ years, from 2012
Language
Mandarin, English and others
Latency
Before next market open

Institutional Meeting Transcripts

Institutional Investor Intelligence

A disclosure type that exists only because Chinese regulation requires it. When brokers, asset managers and investment banks carry out on-site research at a listed company, that company is obliged to publish the Q&A that follows. Roughly 75 to 80 percent do so within three days. There is no Western equivalent: this is the institutional conversation, on the record.

Coverage
China A-share universe
Source
Regulated on-site disclosure
Disclosure
75 to 80% within three days
History
10+ years, from 2012
Language
Mandarin, English and others
Format
Structured JSON

Retail Investor Q&A Transcripts

Retail Investor Intelligence

Verified Q&A between retail investors and company executives, taken from the official Shanghai and Shenzhen interaction platforms, where every question receives a formal company response. A behavioral dataset rather than a filings feed. Abnormal spikes in engagement at single company level act as an early indicator of price movement, volatility and emerging risk.

Coverage
All 5,500+ A-share companies
Volume
500,000+ interactions a year
Response
Every question answered
History
On demand from 2012
Source
Exchange interaction platforms
Delivery
S3 or Orbit API suite

Third Party Transcripts

Institutional Investor Intelligence

Private institutional meetings that operate on a membership and whitelist basis and never reach a public exchange. Buy-side and sell-side sessions, acquired through commercial arrangements with the platforms that host them. This is the most timely indication of what management is thinking, available before next market open.

Coverage
All 5,500+ A-share companies
Volume
50,000+ transcripts
History
From January 2023
Latency
T+1 for about 96%
Updates
Four times daily
Delivery
Orbit Insight, S3 or API

Bond Issues and Corporate Actions

Market Intelligence

The onshore credit market underneath the equity record, across all three Chinese venues: the interbank market, Shanghai and Shenzhen. Full lifecycle reference data on every bond, paired with 24 types of structured corporate action event. Event detail arrives as machine-readable JSON with links to the original filing, so no Chinese-language PDF parsing is required. 769 A-share listed companies have bonds outstanding, which makes this the natural bridge between the equity datasets and credit.

Instruments
469,916 bonds, 84,986 active
Issuers
12,012 total, 6,907 active
Outstanding
CNY 168.76 trn
Corporate actions
45,252 across 24 types
History
30+ years, from 1995
Latency
Median T+1

Trade Order Flow Data

Trade Flow Intelligence

Full depth order book data on the China A-share market. Used by quantitative teams for microstructure research, execution analysis and signal development, and by fundamental teams who want to see how the market actually traded around a disclosure rather than only what was disclosed.

Depth of history

How far back the record goes.

Every layer is held point in time, so a backtest sees what the market saw on the day.

1995 Bond issues and corporate actions
2010 China broker research
2012 Filings, earnings calls, institutional meetings, retail Q&A
2023 Third party transcripts

Why take them together

Eight datasets, all linked back to our entity master.

Chinese company names change, subsidiaries are restructured, and the same issuer appears differently across the interbank market, the exchanges and the sell-side. Orbit resolves all of it to one master record, tagged to ticker, exchange and ISIN, and holds the history point in time.

That is what turns eight separate feeds into one view: compare what the sell-side concluded against what the company filed, against what management said on the call, against what retail investors were asking at the time, against how the bonds behaved. It is a picture of a Chinese company that no single source provides, and it is the same entity master that runs across every other market Orbit covers.

How you take it

All of it, or the layer you are missing.

The collection is modular. Most teams start with the layer that fills a gap in what they already run, then add from there.

Recommended

Orbit MCP

MCP is the open standard that lets an AI assistant connect straight to a data source. Orbit publishes its coverage as an MCP endpoint, so Claude, ChatGPT Enterprise and your own internal agents can query the China collection directly, with every answer cited back to the document it came from. No integration project and no data movement.

Explore Orbit MCP
Orbit Insight

Search, ask and build research agents across the full China record, with citations on every answer.

Orbit APIs

Pull the structured record straight into your own models, notebooks and research stack.

Managed feed or S3

Delivered on your cadence, as block level text and structured data alongside the source document.

China is where the coverage goes deepest, not where it stops.

The same pipeline, the same entity master and the same point in time discipline run across every market Orbit covers. China is the proof of how far it goes when a market is genuinely hard.

See the full Knowledge Base
75,000+
Companies covered
70M+
Documents processed per year
120
Countries
10+
Years of history

See the China record on your own names.

Tell us which companies you follow and we will show you exactly what the collection holds on them. These are conversations that matter deeply to us at Orbit.