The current situation of the stock market in China is descri...
The current situation of China's stock market is described as "Wu Zetian guarding the throne", causing resonance among Chinese netizens. Some people jokingly say: "Li Zhi told me to stay calm at this time." "So my advice is for Wu Zetian to show the way to her nephew - to think twice before acting. (Wu Zetian's nephew is named Wu Sansi)."
The Shanghai Composite Index rose by 12.81% last week, marking the largest single-week increase since November 2008; the Shenzhen Component Index rose by 17.83%, the largest weekly increase since April 1996; and the ChiNext Price Index also rose by 22.71%, the largest weekly increase in history. As of last Friday's close, the total market value of A-shares surged by 9.6 trillion yuan in a single week.
On Monday, September 30, more than 5000 stocks in the A-share market rose. In just 35 minutes after the opening, the trading volume of the Shanghai and Shenzhen stock markets exceeded 1 trillion yuan, setting a new historical record. The estimated trading volume for the six days before and after is as high as 7.86 trillion yuan.
In recent days, major official Chinese media controlled by the Communist Party, as well as hot searches on Weibo and Baidu that are under government control, have been promoting "China's stock market situation is very good" and "the bull market has arrived". However, in the face of the abnormal performance of the current stock market, many Chinese netizens remain vigilant.
The Shanghai Composite Index rose by 12.81% last week, marking the largest single-week increase since November 2008; the Shenzhen Component Index rose by 17.83%, the largest weekly increase since April 1996; and the ChiNext Price Index also rose by 22.71%, the largest weekly increase in history. As of last Friday's close, the total market value of A-shares surged by 9.6 trillion yuan in a single week.
On Monday, September 30, more than 5000 stocks in the A-share market rose. In just 35 minutes after the opening, the trading volume of the Shanghai and Shenzhen stock markets exceeded 1 trillion yuan, setting a new historical record. The estimated trading volume for the six days before and after is as high as 7.86 trillion yuan.
In recent days, major official Chinese media controlled by the Communist Party, as well as hot searches on Weibo and Baidu that are under government control, have been promoting "China's stock market situation is very good" and "the bull market has arrived". However, in the face of the abnormal performance of the current stock market, many Chinese netizens remain vigilant.
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