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Why did China's stock market experience such a bullish trend in 2007?

Strictly speaking, the stock market in 2007 was the result of the craze. National policies were on the one hand, but the actual situation was the result of too much money: 1. The influx of hot money, and a large amount of overseas funds flowing into China's securities companies whose domestic operations were not yet mature.

The market makes the stock price far higher than the actual profitability of each company. 2: People's money is so hard to put that there is no place to put it. Needless to say, bank interest. The emergence of a large number of funds makes it difficult to understand what "funds" are.

"People find a "safe" place to save money. If you think about it, you will understand how big the deposits of 1.3 billion people are. Even if only 1% of people use it to buy funds, how much money will it cost!

In order to let the common people see their immediate benefits, fund managers who earn annual salaries of tens of millions unanimously forcefully buy various stocks, causing stock prices to skyrocket until the bubble is burst... 3; The impact of inflation is even greater.

Da: I can’t afford a house, food, or oil. Coal is more expensive than gold. Pork can only cost 40/kg. Can today’s 100 be used as 10 yuan tomorrow?

Buy something... Poor people spent several lifetimes of money to buy a house... But who would have known that they would also be taken advantage of. It was 2007 when Vanke's price reached sky-high prices.