The Shanghai Composite Index of 6,000 in 2007 was equivalent to about 3,000 in 2015. The specific reasons are as follows: 1. The number of stocks now has far exceeded the number of stocks in 2007 when the Shanghai Composite Index was over 4,000; 2. The current amount of money injection has far exceeded that in 2007

The amount of money invested when the Shanghai Composite Index was over 4,000 points in 2016; 3. Except for China’s petroleum, coal, steel and some non-ferrous stocks, the Shanghai Composite Index has actually reached a record high, and some stocks have already risen to the equivalent of more than 20,000 points on the Shanghai Composite Index.

The place has gone. For example, the railway stock Northern Venture Capital. In 2007, when the Shanghai Composite Index was over 6,000 points, the stock price was more than 5 yuan. Now the Shanghai Composite Index is only over 4,000 points, and the stock price is more than 17 yuan. I give this example because I once held it for more than 4 yuan.

; 4. The number and composition of the stock market investors now have undergone profound changes compared to when the Shanghai Composite Index was over 4,000 points in 2007; 5. The national will when it was over 4,000 points now is different from the international will when the Shanghai Composite Index was over 4,000 points in 2007

A 180-degree reversal - in 2007, there was suppression, but now there is encouragement (I estimate that the social security fund has been "affectionately involved" instead of "be cautious" as someone from 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.