History of stock development

There is no fundamental relationship between stocks and fundamentals, mainly related to the relationship between supply and demand. I'll give you the stock memorabilia and see if it's like this.

China stock market memorabilia

1On August 4th, 984, the Shanghai Municipal Government approved the Interim Measures for the Administration of Stock Issuance submitted by Shanghai Branch of the People's Bank of China.

1984 1 18 10 China's initial public offering of shares-Le Fei Audio issued 10000 shares (50 yuan per share) to the public, which caused greater repercussions overseas than at home and was hailed as a signal of China's reform and opening up.

1985 65438+ 10, Shanghai Zhong Yan industrial co., ltd was established, and all the funds were raised from the society in the form of shares, becoming the first collective-owned enterprise to publicly issue fully circulated shares to the society.

1September 26, 986 The first securities counter trading point-China Industrial and Commercial Bank Shanghai Trust and Investment Company Jing 'an Sub-branch.

1In May, 987, SDB issued shares to the public for the first time, becoming the first share in Shenzhen.

On September 27th, 1987, the first securities company, Shenzhen Special Economic Zone Securities Company, was established.

1988 On July 9th, the People's Bank of China held a forum on the securities market and established a research and design team of the stock exchange under the leadership of the People's Bank of China.

1990165438+1On October 26th, the Shanghai Stock Exchange was formally established.

1 990 65438+February1,Shenzhen Stock Exchange's "trial operation". On the first day, 8,000 shares of Anda were traded, and the most primitive manual way was used for oral singing and whiteboard bidding.

1990 19 February 19, Zhu Rongji, then the mayor of Shanghai, sounded the first gong for the opening of the Shanghai Stock Exchange at Pujiang Hotel. On the first trading day of Shanghai Stock Exchange, it opened at 96.05, and closed at 9998, with a turnover of 494,000 RMB.

1991may 2 1 day, the Shanghai Stock Exchange unified free bidding transactions, and the stock prices in Shanghai Stock Exchange were all liberalized.

1991July, the Shenzhen Stock Exchange officially opened.

1991On August 28th, China Securities Association was established.

19911October 3 10, China southern glass co., ltd. and Shenzhen property development (group) co., ltd. issued shares to the public, which is the first time that a joint-stock enterprise in China issued B shares.

199265438+1October 10 A ticket called "stock subscription card" appeared on the streets of Shanghai, which produced a large number of subscription cards, and it was also a kind of warrant in a broad sense. The warrant was priced in 30 yuan, and was later fired to several hundred yuan.

1May 2, 9921day, the daily limit of some stocks was lifted.

1July 7, 992, Shenzhen Stock Exchange announced that Yuanye shares were suspended. This is the first company in China to suspend trading.

1August 992 10, millions of people in Shenzhen braved the heavy rain to buy the subscription lottery table, and finally the famous "8? 10 "event.

1992 10 10/2, China securities regulatory commission was established.

1992165438+10, the first standardized investment fund in China-Zibo Investment Fund for Township Enterprises (Zibo Fund for short) was formally established. This fund is a corporate closed-end fund, which raised 1 100 million yuan and was listed on the Shanghai Stock Exchange in August, 1993.

March 1993, 1, Le Fei audio and other internal staff shares went public, which was the first time that internal staff shares of joint-stock enterprises were listed and traded.

1On June 29th, 993, Tsingtao Brewery Co., Ltd. was officially listed in Hong Kong, becoming the first state-owned enterprise in Chinese mainland to be listed in Hong Kong.

1August 993 17, transmission in some parts of the Shanghai stock market was interrupted for more than an hour, and the uninterrupted areas were opened as usual, causing an uproar.

1994 65438+ 10/4. On behalf of the China government, the Ministry of Finance officially registered and issued US$ 65,438 billion in global bonds at the US Securities and Exchange Commission. This is the first global bond issued by the China administration, and it is also the first time that the China administration has entered the US capital market.

1994 65438+1On October 26th, the Shanghai Securities Business Department of a southern company bought more than 800,000 shares of Guangzhou Shipyard at the sky-high price in 20 yuan (the normal price of Guangzhou Shipyard on that day was about 6.50 yuan) due to the computer operation error of "Red Vest". The loss of a transaction is about100000 yuan.

1On July 30th, 994, when the Shanghai Composite Index reached its lowest point of 325.89, the CSRC announced three measures to "rescue the market". In a month and a half, the Shanghai Composite Index rose by 223%, making it the fastest-growing stock index in China's securities history.

1 99565438+1October1,and the trading system of Shanghai and Shenzhen stock markets will be implemented from now on.

1On February 23rd, 1995, the Shanghai national debt market experienced an extremely violent shock, and the turnover of 327 varieties accounted for nearly 80% of the previous market turnover. In this regard, the Shanghai Stock Exchange issued an urgent notice saying that there were serious intentional violations in the futures trading of 327 varieties of government bonds after 16: 20 on the same day, so this part of the transaction was not included in the settlement price, volume and position calculation of the day. Call it "3? 27 Treasury bond futures event ".

1995 may 17, the treasury bond futures market was closed. Due to the influx of futures funds, the stock market blew out in May 18, and the Shanghai Composite Index rose by 30.99%.

1On August 9, 995, Isuzu Automobile Co., Ltd. and Itochu Corporation of Japan purchased legal person shares through an agreement and became the largest shareholder of Beijing North Travel Service. This is the first major foreign A-share shareholder in China stock market.

1May 29, 996, Dao? Jones launches China Stock Index.

1On June 7, 1996, the Shanghai Stock Exchange planned to select 30 most representative listed companies in the market as samples to compile the "SSE 30 Index", which was officially launched on July 6, 438+0. Then, led by the 30 index, a wave of large-scale market appeared.

1996101On October 23rd, the Shanghai Stock Exchange rose 20.5 points to close at10/0.83, and stood at 1000 again after two years.

1996 12 15, People's Daily published a commentator's article after the market ignored the management's 12 gold medals, pointing out that there was excessive speculation in the stock market and demanded further regulation. The Shanghai Composite Index went from 65438+February 1 1 for 3 days, with a drop of 3 1%. Stocks with daily limit are everywhere.

On February 9, 2009, Deng Xiaoping passed away. The next day, many stocks in the two cities were pulled to the daily limit within a few minutes. Three months later, the index rose by 74%.

1April 997 18 legal person shares were put on the auction table for the first time. The 6 million shares of Hainan Airlines Co., Ltd. held by a company in Hainan were publicly auctioned according to law, which was the first in China.

1 July 9971,the return of Hong Kong; On July 2, the financial crisis broke out in Thailand, and then the financial turmoil that lasted for two years in Southeast Asia broke out in an all-round way.

1In April 1998, the Shanghai and Shenzhen Stock Exchanges decided to give special treatment to listed companies with "abnormal financial conditions". On April 28th, Shenyang Material Development Co., Ltd. was listed as the first stock to be specially treated because of its losses for two consecutive years.

On April 7th, 1998, the first batch of listed closed-end securities investment funds-Fund Jintai and Fund Open Source were issued. 1998165438+1From October 25th, employees of the joint stock limited company will no longer be paid.

199865438+On February 2, China Securities Regulatory Commission issued the Notice on Stopping the Issuance of Staff Shares of the Company.

1on may 9, 999, the us military mistakenly bombed the Chinese embassy in yugoslavia, and the Shanghai stock index fell by nearly a thousand points. 10 days later, a large-scale "5? 19 "market.

1June, 999 15 People's Daily published a special commentator's article "Strengthening Confidence and Standardizing Development" and "5? 19 "market entered a climax.

1 July 9991day, the securities law came into effect.

On February 23, 2000, listed companies issued convertible bonds, which was a precedent. Hongqiao Airport issued 654.38+35 million yuan of five-year convertible corporate bonds.

On July 19, 2000, the Shanghai Composite Index opened at 200.33 points, reaching the 2000-point mark for the first time, with a turnover of149.6 billion yuan.

On June 30, 2000, 10, Xinhua News Agency broadcasted "Behind the False Typical Huge Deficit-Warning of Zheng's Falling Horse", which aroused strong repercussions from all walks of life, and relevant departments, experts and scholars expressed their views on "Zheng Phenomenon" in succession. It has aroused great concern of leaders and relevant departments in the State Council.

On June 2nd, 2000, 165438+ Wu Jinglian published an article "The Securities Market Can't Be Blacked" in response to the "shady fund" incident of Caijing magazine in June, 2000, which triggered a "big debate on the stock market".

In June 65438+February 65438+June 2000, the Shanghai Stock Exchange launched a series of measures, including adjusting settlement fees and reducing transaction costs, to improve the operating efficiency of the B-share market. Since then, the B-share index has continued to rise. On February 25th, at 65,438, the Shanghai B-share index hit a three-year high, closing at 88.95.

In February, 20001year, with the approval of the State Council, China Securities Regulatory Commission decided that domestic residents can invest in the B-share market.

On April 23rd, 20001year, the first company to be delisted-PT Narcissus.

In June of 20001year, the State Council issued the Interim Measures for the Administration of Reducing State-owned Shares to Raise Social Security Funds. /kloc-in June of 0/4, the Shanghai stock market peaked at 2245.42 points, and then it went down all the way, starting a bear market that lasted for several years.

On July 23rd, 20001year, the social security fund officially entered the market.

On September 2 1 200 1, Huaan Innovation Securities Investment Fund, the first open-end fund in China, successfully achieved its initial goal of raising 5 billion shares and was formally established.

On June 6th, 2006, at 5438+0, 1 1, the stamp duty on securities was lowered, and the Shanghai Composite Index opened at 1725.45, with a gap of 104. 1, but closed at the same day 1646.

On June 24th, 2002, the State Council decided to stop reducing its holdings of state-owned shares, and the Shanghai Composite Index opened higher, rising 9.25% for the whole day, up 144.59 points and closing at 1707.3 1 point.

From September 23, 2002, the listed new shares will be included in the index calculation on the first day of listing. Previously, the calculation method of the stock index after the listing of new shares on the Shanghai Stock Exchange was to include the index on the second day of listing.

On June 5438+February 1 day, 2002, the Interim Measures for the Administration of Domestic Securities Investment of Qualified Foreign Institutional Investors jointly promulgated by China Securities Regulatory Commission and China People's Bank came into effect.

On February 19, 2003, the Shanghai and Shenzhen Stock Exchanges pointed out that there were trading defects in closed-end funds, and stipulated that the minimum quotation unit of closed-end funds should be changed from "shares" to "shares", which was officially implemented on March 3.

In March 2003, the first UBS Warburg Company applied for QFII qualification.

In April 2003, "SARS" became popular, the transaction was light and the market fell back.

/10 2003 On June 22, 2003, the Central Committee issued the Decision on Perfecting the Socialist Market Economic System. Affected by this news, the Shanghai Composite Index rose 33.7 1 point to close at 1398.0 1 point, with a one-day increase of 2.47%.

On February 2, 2004, Article 9 was promulgated. In April of the same year, in order to implement Article 9, the CSRC established six working groups.

On June 25, 2004, the SME board was officially unveiled, and the first batch of 8 stocks went public, which was one of the first concrete measures to implement the "National Nine Articles".

On June 30, 2004, Jigang fell below the issue price on the first day of listing, and the myth of unbeaten new shares in the primary market officially came to an end in China stock market. On the first day of listing, Jigang fell below the issue price, and the myth of unbeaten new shares in the primary market officially came to an end in China stock market.

On April 29th, 2005, with the approval of the State Council, the China Securities Regulatory Commission issued the Notice on Issues Related to the Pilot Reform of Non-tradable Shares of Listed Companies, announcing the start of the pilot reform of non-tradable shares.

On June 6, 2005, the Shanghai stock market bottomed out to 998.23, ending a four-year bear market.

On June 10, 2005, Sany Heavy Industry's share-trading reform plan was passed, becoming the first listed company in China stock market to realize full circulation through share-trading reform.

On May 20, 2006, Shanghai and Shenzhen Stock Exchanges and China Depository and Clearing Co., Ltd. respectively issued the Implementation Measures for Online Pricing and Subscription of Public Offerings. The new measures of the Shanghai Stock Exchange will relax the subscription ceiling to the total number of online issuance or 99.999 million shares, and the Shenzhen Stock Exchange stipulates that the subscription ceiling shall not exceed the number of online pricing issuance and shall not exceed 99.999 million shares.

On June 19, 2006, the first IPO, Zhonggong International, was listed on the small and medium-sized board in Shenzhen, marking the resumption of IPO after more than a year. As it was the first IPO in more than a year, the stock was madly sought after by market funds on the first day, with an increase of 332.03% on the first day and the largest increase of 576%.

On February 26th, 2006, the Shanghai Composite Index closed at 2505.70 points, with a turnover of 45.79 billion yuan, reaching a high of 2500 points for the first time.

On June 9, 2007, China Life, the first domestic insurance company, successfully returned to the A-share market and became the first A-share listed insurance company. This marks the prelude for insurance companies to land in A shares.

On February 26th, 2007, Shanghai Stock Exchange broke through 3000 points for the first time. 120 stocks have a daily limit of 10%, and the "good start" expected by investors after the Spring Festival has become a reality.

On May 9, 2007, blue-chip stocks in Shanghai and Shenzhen stock markets rose sharply. The Shanghai Stock Exchange broke through 4000 points, and the Shanghai Composite Index closed at 40 13.08 points.

On May 3, 2007, the stamp duty on stocks was raised, fluctuating by 320 points in a single day, setting a record of 15.

On August 23, 2007, the Shanghai Stock Exchange broke through 5000 points, hitting 5050.38 points in intraday trading and closing at 5032.49 points.

On September 28th, 2007, the Shanghai Stock Exchange broke through 5500 points and ushered in the 58th National Day.

June 65438+1October 65438+June 2007, the 17th National Congress of the Communist Party of China was held, and the Shanghai Composite Index broke through 6000 points, reaching the highest point of 6 124.04 points, becoming the highest point in history.

On June 5438+1October 65438+April, 2008, the securities forum discussed that the reform and development of the capital market should focus on the whole world, and the 5500 will not break down, and the Shanghai stock market will enter a further downward cycle.

On March 14, 2008, under the pressure of Ping An refinancing, snowstorm, non-lifting of the ban, rising prices and American subprime mortgage, the Shanghai Composite Index broke through 4,000 points.

On April 6th, 2008, 16, the first Zijin mining company in China subscribed online on the Shanghai Stock Exchange, with a subscription price of 7. 13 yuan.

On April 22, 2008, the management made clear the relevant regulations on the size of non-reduction. The Shanghai Composite Index opened higher and went lower, and fell below 3,000 points to 2,990 points the next day.

On April 24th, 2008, affected by the reduction of stamp duty on securities transactions from 0.3% to 0. 1%, the Shanghai Composite Index closed up sharply.

On May 13, 2008, affected by the Wenchuan M8.8 earthquake the next afternoon 14: 28, the stock market opened lower and recovered. At one time, investors did not throw out stocks to support the index.

On August 8, 2008, the 29th Beijing Olympic Games was held, and the market plummeted because of "positive". The second trading day fell below 2500 points and closed at 2470.07 points.

On September 16, 2008, financial stocks fell sharply due to the collapse of Lehman Brothers, the collapse of American stock market, and the reduction of bank reserves and loan interest by the central bank. The Shanghai Composite Index fell below 2000 points, and fell to 1802.33 points on September 8.

On September 19, 2008, under the influence of three good news that management allowed Huijin to support Gong Jian's three big banks, the market experienced a spectacular daily limit.

On June 28th, 2008, 10, with the overall decline of global stock markets, the Shanghai Composite Index once again entered the downtrend channel, and the intraday low reached 1664 .93, which was also the lowest point of this plunge.

On March 3, 2009, the China Securities Regulatory Commission issued the Interim Measures for the Administration of Initial Public Offering and Growth Enterprise Market Listing, which took effect on May 3, 2009. This means that the GEM, which has been prepared for more than ten years, is expected to officially open.

On April 3rd, 2009, China Securities Regulatory Commission decided to cancel the approval decision of Ningbo Lili Electronics' public offering of shares in July, 2008, and requested Lili Electronics to return the securities holders at the issue price plus the interest on bank deposits in the same period, which was the first case in China stock market.

On June 10, 2009, the CSRC officially issued the Guiding Opinions on Further Reforming and Perfecting the IPO System. After the implementation of the Guiding Opinions, the approval documents will be sent to enterprises at any time. This means suspending IPO restart for more than 8 months.

On July 29th, 2009, China Tower, the world's largest single IPO since the financial crisis broke out, landed in Shanghai. The largest single-day trading volume in Shanghai stock market was 30,365,438+75 million, and the biggest decline occurred in 2009. It broke through the integer mark of 3400, 3300 and 3200 points and closed at 3266.43 points.

On June 30, 2009, 10, after waiting for ten years, the first batch of GEM stocks, including 28 companies, landed in Shenzhen, and were suspended for many times due to intraday speculation.