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After reviewing 35 years of A-share trends, what will happen after the Shanghai Composite Index reaches a ten-year high?
GoldenOctober2024
Jin10 data reported on August 15th that the A-shares have recently shown strong performance, with the Shanghai Composite Index reaching a weekly high of 3704.77 points, approaching the high of 3731.69 points on February 18, 2021. This high point is also the highest since August 21, 2015, and can be considered an important peak in nearly a decade. According to research, the Shanghai Composite Index has only broken through the ten-year high twice in history, occurring in 2000 and 2006. Before both breakthroughs, the trading volume had reached historical highs, and after the breakthroughs, there was a sustained medium to long-term rise. (Everyday Economy)
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