Judging from the way of thinking, many senior managers, senior scholars and related people in China believe that the American stock market is the highlight of China stock market, mainly because the United States has an unparalleled strong position in economic theory, especially in the financial field. Many people subconsciously think that many practices of American stock market must be imitated by China stock market, and even the attitude of American government to stock market should be fully studied by China government. Under the influence of such thinking, when the American stock market plummeted and the P/E ratio of China stock market was higher than that of the United States, many scholars pointed out that there was a bubble in China stock market, and so on. These remarks may deceive many investors, or they may become a means for stock market predators to make good use of subverting the stock market.

From a psychological point of view, as an economic power, the stock market crash in the United States will inevitably affect the whole world's view of the economy and the mentality of investors. From this point of view, the American stock market does have some influence on the China stock market, but from the fundamental point of view of China, this influence is not the most important factor that determines the China stock market.

From the perspective of funds, QFII and hot money entering China account for a small proportion of the total funds of China stock market, and have little impact on the overall funds. The U.S. stock market plummeted, and some funds may flow back to the U.S., but some hot money has also entered China to hedge. Moreover, the impact of these funds on the stock market may only be short-term, and it is impossible to have a big impact on the long-term trend of the China stock market.

To sum up, the influence of American stock market on China stock market is not decisive.

For investors, we should have a clear understanding of the basic characteristics and principal contradictions of China stock market, avoid taking secondary factors as the main factors and become the victims of stock market predators, and have a clearer understanding of the long-term trend of China stock market.

The influence of US stocks on the price of gold

First of all, gold and crude oil are internationally recognized international commodities, so the prices will fluctuate with the intervention of supply and demand and investment speculation, which is greatly influenced by international factors. The investors are relatively fixed and the investment funds are limited. When the U.S. stock market rises, investors in gold and crude oil will transfer their funds and invest in the stock market to make profits. When the U.S. stock market falls, these investors will spread their funds to gold and dollars in order to avoid risks. This has produced some related connections.