On the day when the "5 19" market started, the stock market was still calm in the morning and began to change in the afternoon. Off-exchange funds poured in, constantly pushing up the index, and the trading volume was greatly released. Science and technology network stocks led by Variety and Shanghai Meilin rose, and the market suddenly warmed up. After three consecutive days, the market volume can be gradually increased, from 7.5 billion yuan to 654.38+0.02 billion yuan, and then to 654.38+0.45 billion yuan.

The confidence of the market to do more expanded rapidly, and off-exchange funds flocked into the market until the daily turnover of 44.5 billion yuan in Shanghai was released and the index rose to the highest point 1756438+08.

During the development of "5 19" market, it experienced intense speculation in many popular sectors, such as technology network stocks, high-tech stocks, banking stocks, ex-dividend stocks, heavyweights and blue-chip stocks. Almost 95% of the stocks in the market rose by more than 50%, showing full bull market characteristics. It can be said that in the "5. 19" market, almost all investors have earned a lot of money.

Extended data

5. 19 anniversary of the stock market, 65438+191May 999. As the State Council released the good news of vigorously developing the capital market, the China stock market started the most spectacular bull market so far. The Shanghai Composite Index started around 1050 and reached 1756 one month later, and even climbed two years later.

However, then the stock market entered a five-year bear market, in which thousands of investors were deeply involved, and the trillion-dollar market value rose again and again.

The trigger of the "5 19" market is "Reforming the stock issuance system, allowing insurance funds to enter the market, gradually solving the legal financing channels of securities companies, allowing some qualified securities companies to issue financing bonds, expanding the pilot scale of securities investment funds, invigorating the B-share market and allowing some B-share and H-share companies to buy back shares" submitted by China Securities Regulatory Commission to the State Council.

The "May 19" market has a profound impact on the securities market, because since February 1993, the Shanghai Composite Index has been hovering below 1558 for six years. During the "5 19" market, both cities hit record highs-1756 and 520.

Therefore, it has been pointed out that the historic breakthrough in the formation of "5 19" market is not only a market concept in the history of China stock market, but a new platform for China stock market.

Baidu Encyclopedia -5. 19 Stock Market Memorial Day