牛市也要慎用杠杆

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最近一年来,中国股市“牛气冲天”令人瞠目结舌,成为全球主要股市里表现最好的。此轮牛市大约从2014年7月开始,沪指从约2000点开始出现“疯牛”行情,几乎在没大的调整情况下,至2015年6月初沪指超过了5000点,1年不到的时间涨幅超过150%。个股更是疯狂大涨,有研究统计,截至2015年5月底,80%股票的股价已超过了2007年沪指6124点历史大顶时的股价。同时,大牛市中又蕴藏着极大风险。2015年6月中下旬甚至开始“股灾”行情,沪市狂跌1700多点,投资者损失惨重。本轮牛市的开启具有多方面的原因:首先,本轮牛市是在党的十八届三中全会后“习、李”新政之下启动的,是 In recent years, the Chinese stock market has become so astounding that it has become the best performing stock market in the world. This round of bull market started from about July 2014, with the Shanghai Composite Index starting to show “Mad Cow” market from about 2,000 points. In almost no major adjustment, the Shanghai Composite Index surpassed 5,000 points in early June 2015, less than 1 year The time rose more than 150%. Stocks are crazy soaring, according to research statistics, as of the end of May 2015, 80% of the stock’s stock price has surpassed the 2007 stock index of 6124 points when the history of the top. In the meantime, there are great risks in the bull market. In mid-to-late June 2015, it even started its stock market crash. The Shanghai stock market plunged more than 1700 points and investors suffered heavy losses. The opening of the bull market has many reasons: First of all, the current bull market was started under the new rules of “Xi and Li” after the Third Plenary Session of the 18th CPC Central Committee.
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