Shanghai (securities) composite index’s
closing price was 2743 on August 7, 2018
Americans made 10 times more money by buying stocks in
a decade.He said:”Thanks to Statue Of Liberty,I'm going to travel around the
world.
Russians made 9 times more money by buying
stocks in a decade.He said:”Thank God,I'm going to buy a new house.
Brazilians made 5 times more money by buying stocks in
a decade.He said:”Thank God,I'm gonna marry two wives.
Indians made 3 times more money by buying stocks in
a decade.He said:”Thanks to Lord shiva, I'm going to buy a new car.
But how is the Chinese stock market?During
the decade from 2008 to 2018, the a-share stock market was stable and
controllable, with A rise of only 16 points.Our stock basically fell with the
market.What's the point of going public if firrm’s market cap doesn't go up?
In the middle of this decade, the CSRC issued almost a thousand new shares.Taken together, Shanghai (securities) composite index is actually about 40 percent higher than it was in 2008.That was about 1400,still optimistic?
This is why many companies go abroad to list.
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