The Shanghai Composite Index reached 6124 points in October 2007.
The reason for 6124 points: RMB appreciation, shareholding reform, and capital promotion. Now 6124 has become a distant dream. The overall economic situation in China is good in the future, but the pain of transformation is inevitable, and with the expansion of the stock market, some poor-performing stocks will inevitably be marginalized or even delisted, unlike the 6124 period when they were able to buy anything. If it goes up, you can still make money even if you don’t trade in stocks.
Extended information:
On October 16, 2007, the Shanghai Composite Index reached a maximum of 6124.04 points.
On October 28, 2008, the Shanghai Composite Index reached its lowest point of 1,664.93 points.
The Chinese stock market has two major markets-Shanghai and Shenzhen, which are two comprehensive indexes. The highest point of the Shanghai Composite Index is 6124 points, reached on October 16, 2007; the highest point of the Shenzhen Composite Index is 19600 points, which was reached on October 10, 2007.
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