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| Author: | Wen, Chun |
| Title: | Prospect on the Trend of Shanghai stock market (original in Chinese) |
| Journal: | Shanghai Economy (c)
1994 : 2, p.18-20 |
| Index terms: | FINANCIAL FORECASTING REGIONAL DEVELOPMENT CHINA |
| Language: | chi |
| Abstract: | In 1993, gross domestic product (GDP) arrived three thousand billion yuan. But Shanghai price index of stock market went done nearly 54 percent. The reason is that stock price in not fit in its realistic value by high product growth rate following high inflation. The influence of policy is that: stock types quickly increase; the policed concerned and laws that win be punished effect, and financial policy and capital market has changed. Shanghai will become the center of China's financial market, and its stock market possesses high increase and rich charm. |
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