For example, PetroChina’s oil stocks. According to the current policy reform, PetroChina's reform is imperative. At the same time, as a company that can control such a huge national energy, how can such a low value be possible? The country will not let foreign capital control such a large energy company. What aspects can be separated from oil in real life. This trend will return within a few years.

1. The Chinese stock market is the stock market of the Republic of China. As a pilot since 1989, it's been built on the philosophy: Keep going if you work hard, stop if you don't. Therefore, in the stock market operation before 1995, the biggest bad news was usually the news that China's stock market pilot program was stopped and the stock market closed. Later, affected by the "3.27 Treasury Bond Futures Incident", China's futures market was comprehensively rectified in 1995, and China's stock market became the target of support. Only in this way can the stock market usher in real benefits and enter a period of great development. The biggest feature of China's stock market is that state-owned shares and company shares promise not to be circulated when listed. Therefore, only tradable shares can be traded in the market at the share price. However, the index is weighted by total equity, thus creating the characteristics of "less control and more" in transactions.

2. Stocks are not only part of the ownership of a joint-stock company, but also an issued certificate of ownership. It is a type of security issued by a joint-stock company to each shareholder as a certificate of ownership to raise funds and obtain dividends and bonuses. Stocks are long-term credit instruments in the capital market. It can be transferred and traded. Shareholders can share the company's profits with them, but they should also bear the risks caused by the company's operating errors. Each share represents a shareholder's ownership of a basic unit of the business. Every public company issues shares. Each share of the same class represents equal ownership in the company. Each shareholder's share of ownership in the company is determined by the proportion of shares he or she holds in the company's total capital stock. Stocks are an integral part of a joint-stock company's capital and can be transferred and traded. It is the main long-term credit tool in the capital market, but it cannot require the company to return its capital contribution.