1. The Chinese stock market is the stock market of the People's Republic of China.
 2. Since 1989, it has been used as a pilot project. It was established based on the idea of "go ahead if you try well, and stop if you don't try well".
 3. Therefore, in the operation of the stock market before 1995, the biggest negative news was usually the news that the pilot stock market in China was going to stop and the stock market was going to close.
 4. Later, under the influence of the "3.27 treasury bond futures event", China's futures market was comprehensively reorganized in 1995, and China's stock market became the object of support.
 5. Thus, the stock market ushered in a real positive, and turned into a period of great development.
 6. The biggest feature of China's stock market is that the state-owned shares and legal person shares promise not to circulate when they are listed. Therefore, only the tradable shares are traded in the market according to the share price, but the index is weighted according to the total share capital, thus forming the characteristic of "controlling more with less" in the trading market.