Long time no see bull market in stocks
On the eve of the 2024 National Day holiday, China’s stock market experienced a remarkable surge, attracting considerable attention. However, following the holiday, the market unexpectedly turned to a dramatic plunge. This “polarization” of the stock market – a rollercoaster ride between soaring highs and plummeting lows – not only subjected investors to a thrilling yet nerve-wracking experience, but also prompted deep reflection within the market regarding policy, economic conditions, and fundamental market rules.