1. The first round of replacement of bulls and bears: 100 points-1429 points -400 points (down more than 50%)?
On May 26th, 1992, the Shanghai Composite Index soared to 1429, which was the "peak" of the first big bull market in China stock market. In a year and a half, the Shanghai Composite Index soared 1300 points or more.
2. The second round of replacement of bulls and bears: 400 points-1536 points -333 points (down more than 50%)?
The Shanghai Composite Index set sail from a low of 400 points at the end of 1992, and began the second round of "ups and downs". This time, the surge came even more violently, rising from around 400 points to1February 993 1536.82 points (the Shanghai Composite Index stood above 1500 points for the first time).
3. The third round of bull and bear replacement: 333 points-1053 points -5 12 points (down more than 50%)?
Due to the three policies to rescue the market, 1 August 19941started a new round of market. This bull market is more violent and shorter. In just over a month, the Shanghai Composite Index soared to the highest point in September 1994 1053, with an increase of 265,433.
4. The fourth round of bull and bear replacement: 5 12 points -2245 points -998 points (down more than 50%)?
At the beginning of 1996, this big bull market was quietly launched in the disclosure of regular annual reports. The Shanghai Composite Index 1996 65438+ 10/9 started above 500 points.
5. The fifth round of bull and bear replacement: 998 points -408 1 minute-? (down more than 50%)?
On June 6, 2005, the Shanghai Composite Index fell below 1 1,000 points, with a minimum of 998.23 points. Compared with 2245 points on June, 20065438 14, the total decline was over 50%, which indicated that the bear market goal was formally established.
Bull market, also known as bull market, refers to the securities market with a long-term upward trend in price. The general trend of price changes is rising, which is characterized by ups and downs.
The overall running trend of the bull market is upward, although it has fallen, but each wave is higher. There are more buyers than sellers, the demand is in short supply, the popularity is constantly gathering, investors have a strong desire to pursue heights, and the number of new accounts is increasing.
References:
Baidu Encyclopedia-China Stock Market