Category: Money Tips Date: 2006-02-26
16 years of China's Stock Market Milestones
December 19, 1990 the establishment of Shanghai Stock Exchange, the stock market opened, the Shanghai index has gained 99.98 points, to May 25, 1992 to 1429.01 points, or up to 1329.30%.
February 16, 1993 Shanghai old and eight-legged essay expansion, the index has been discharged from 1558.95 points to the July 29, 1994 of 325.89 points or 79.10%.
July 29, 1994 "People's Daily" published "three major policies." The Shanghai index closing 333.92 points from the day, rose to September 13, 1994 to 1052.94 points, up 215.33 percent.
December 16, 1996 "People's Daily," a commentator's article, pointing out that there are serious over the current stock market speculation, the market plummeted.
May 19, 1999 Quotes blowout, technology stocks popular, institutions of "People's Daily" editorial launched a substantial background of unilateral short squeeze Quotes. Index of 1059.87 points, from 18 days to June 30, 1999 1756.18 points, or 65.70%. After two years in a bull market.
June 14, 2001 approach to state-owned shares issued, 26 state-owned shares the company surfaced. The Shanghai from 14 days up 2245.43 points, down from January 22, 2002 to 1348.79 points, or 39.93%.
January 31, 2004 "National 9," published a brief Quotes lasted until April 9, 2004 the highest point of 1778.22.
April 29, 2005, stock reform pilot work to start.
June 6, 2005, the stock market fall below 1000 points.
Second half of 2005, the new "Securities Law" promulgated, the Securities Investor Protection Fund, issuance of warrants to return to the market.
They witnessed the glory of an era of an era away
16 years old, it is a youth from the juvenile into the time. 16-year-old Chinese stock market, is also moving from immature to mature, from disorderly to orderly and rational direction from the madness.
16 years later, the developmental needs of the price. Swim in the stock market had been swimming in people, flourishes of the myths and go down the drain the tears, are blast from the past. A quiet afternoon in Guangzhou, a brokerage business department, the recently closed for the near future had been empty. Once upon a time, there is the noisy crowd, for today's and tomorrow's opportunity to argue pros and cons ... ...
2001 to 2005, the pre-dawn darkness, China Southern Securities fell, Delong department fell, the fund come, QFII has come, share reform launched the ... ... all the people predicted that the bull market should come , the new accounts, increasing. The shares have been the sea of beach-goers, Where are they? To this end, we recruited four representative did stock analysts, pointing over the stock market situation of the people want from their life trajectories, and explore the changes in the stock market investment philosophy.
Listen to them talk about their ups and downs of life, listen to them talk about the stock and the sea where their strange and exciting situation. Entry time may be long or short, high and low education, wealth, more or less, and some are still in the industry hard, and some rivers and lakes gradually fade out. But they have gradually formed the same view: the era of bookmakers summon wind and rain never returned, and from the value of mining investment opportunities is a way to win. Agencies the right to speak in the expansion of retail space for smaller and smaller.
The myth of overnight riches can no longer there, a real wealth effect can bring the market should be effective market, and the more efficient markets, the opportunities for excess return less. Some people may have lost opportunities, but more people will wish to accumulate wealth. After ups and downs of these people say, "stock and have a sense of normalcy."
Dawn had been closer, and your sense of balance ready to begin?
A total of 5 1 [2] [3] [4] [5]
