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Topic 25 Stock Hot
From 2006, the index of Shanghai stock market rocketed from 2600 to 6000,
and the stock price of many companies increased several-fold, and even
dozens-fold. This has attracted thousands of Chinese to rush into stock market
one after another. Some relatives and friends of my family have followed the
suit as well.
Why so many people swarmed into stock market? The reasons are various.
Firstly, the benefit has huge power:if you buy at the price of 5 a share and
sell at 8 two months later,what a big money! Secondly, people are
extraordinarily confident and optimistic about Chinese economy, so are they
about the stock market, an important showcase of economic development. Thirdly,
people know more about investment and they want to put their knowledge into
practice and try their fortune.
With the stock hot, many people withdraw money from their bank accounts and
invest in the stock market, neglecting their study, jobs and even family life.
However, bubbles appear in some industries, which make quite a lot of people go
bankrupt. Therefore, it’s really urgent to cultivate a rational view about
investment in the stockmarket. |
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