China Financial Daily

Dong Dengxin: 2245 points, China’s stock market resumes the financing function
2245-point is the second peak in the past 18 years for China’s stock market. On June 14, 2001, China’s stock market firstly mounted peak of 2245 points, and declared the end of the last big bull market. In 2008, Chinese stock market dropped to the lowest point of 1665, now that the stock market rouses in the ridden crisis and easily, safely and stably rides on the 2245 points. However, this is the confidence and signal for China stabilizing the economy and leading in the world market.

Bloomberg, U.S. stocks continued to rise so to ease the decline in 2008 
Hexun news, according to “Bloomberg” on January 1st it published a article signed for Stanton to say that because of the number of applications for unemployment benefits dropped in the United States, as well as the U.S. Treasury Department said it was to expand its assistance to the auto industry, which impacted on the U.S. stock market so on Wednesday it continued up on the second trading day. By this way the U.S. stock market which in the worst year of the loss since the 1930s Great Depression also rose on the last day as the situation to end.

In 2008 the total market value of China’s stock market has shrunk 20 trillion
Shanghai Stock Market in 2008 fell 65.39 percent, whereas the Shenzhen Stock Market declined 63.36 percent. Shanghai stock market value declined from 27 trillion yuan at the end of 2007 to 9.7 trillion yuan in 2008, which has shrunk 20 trillion approximately, while the Shenzhen market value decreased from 5.7 trillion yuan at the end of 2007 to 2.4 trillion yuan in 2008. the total circulation of Shanghai and Shenzhen stock market value is 4.52 trillion yuan, which shrinks 48.6 percent.
On the other hand, the rapid decline of stock index makes the less participation of investors. Volume shrunk all the way, depressed trading reflects from the data.
Shenzhen stock market data showed that in 2008, Shenzhen trading volume reached 8.67 trillion yuan, which declined 44.12%, whereas the Shanghai trading volume reached 27.2 trillion yuan, which reduced 28.45% compared with the previous year.

2009 four major financial guess: China’s stock market will return to the bull market
The delightful and sad 2008 says good bye to us, while 2009 is coming. How will the stock market go? At present, many people worry about it. A variety of media has already put forward all kinds of pessimistic predictions and pessimistic remarks. The author has four guesses for the coming year: the global liquidity flood again; economic growth will be better than expected; the RMB attracts more attention; China’s stock market will return to the bull market