1, the number of stocks now has far exceeded the number of stocks when the Shanghai Composite Index was more than 4,000 in 2007;
2. The current money supply has far exceeded the money supply when the Shanghai Composite Index was above 4,000 points in 2007;
Except China oil, coal, steel and some non-ferrous stocks, the Shanghai Composite Index has actually reached a record high. Some stocks have risen to more than 20,000 points equivalent to the Shanghai Composite Index. For example, railway stocks start businesses in the north. In 2007, when the Shanghai Composite Index was over 6,000 points, the stock price was much higher in 5 yuan. At present, the Shanghai Composite Index is only over 4,000 points, and the share price is more than 17 yuan. This example is because 4 yuan once held it.
4. Since the Shanghai Composite Index broke through 4000 points in 2007, the number and composition of stock market investors have undergone profound changes.
5. There is a 180 degree reversal between the national will of more than 4,000 points and the international will of more than 4,000 points in the Shanghai Composite Index in 2007. In 2007, it was repression, and now it is encouragement (I estimate that the social security fund has been "deeply involved", not "cautious" as Wang Mouren, the Ministry of Finance said). To sum up, the gradual rise of the Shanghai Composite Index in the future should be a high probability event, and there will be shocks, but the gradual rise will be the main tone.