Hehe, for the China stock market, the index is really difficult to reflect the economic development of China.

A heavyweight, you know? China's current heavyweights cannot form a short-term upward trend. Heavyweights mainly include large and super-large enterprises such as steel, oil, banks and minerals. In the past two years, due to overcapacity, the steel industry as a whole suffered losses. 20 14 is a year of shrinking production capacity and outstanding environmental protection, so the steel price will improve in the middle and late period, but the range is not large; Affected by American oil becoming the largest oil producer, oil prices plummeted, and the country with the greatest demand became a country with a self-sufficiency rate of 100%. Demand has been greatly weakened, prices have not changed much, and may even go down. However, due to the appreciation of RMB and domestic depreciation, the bank's profit is greatly diluted by the expectation of depreciation, and the bank's life is also difficult. Not to mention minerals, coal, iron ore and gold mines are all in a weak position.

The index of 20 14 is really ugly, around 2500 points.