
According to Shanghai Securities News reported that the Chinese stock market sparked the recent global stock market consolidation, the main factor is that
China's monetary policy, regulation and control chain forward, which makes this year's pre-market after the high-low pattern has improved significantly.
However, to analyze the trend of CPI is running, CPI peaked at 4,5 month, meaning that monetary policy is very likely to start the year and gradually
relaxed, allowing the whole year before showing a tight monetary policy after the loose features. On the other hand, interest rates will not affect the
basic pattern of the stock market for the better, because the current existence of the stock market for long-term bonds up to 220-basis-point yield
advantage. Therefore, after the adjustment in the first half, China's stock market is expected to continue its upward underlying trend, thus making this
year's market or out of the "Nike" trend.
Tight monetary policy may occur before the situation after the song
