The Stock Market

The economic situation during the 1997 financial crisis was not optimistic. The instability of international financial markets has also spread to domestic financial markets. Together with the declining domestic and export demand, the continuing wave of adjustments in the currency and stock markets encouraged a shift to more growth-promoting policies. One of the affected institutions is the Malaysian stock market. In general, the Malaysian stock market contributes to the optimal allocation of capital resources among many users.

Unlike the Western stock market, the inevitable result of the development of the market economy develops based on the socialist market economy, under the strong government intervention, it will become a stock market with characteristics of China is. Looking back over the past 23 years, I divided the history into five parts. In 1992, Former Chairman Deng stated that China should still try the securities and stock markets while still observing the socialist society. Since then the aim of establishing economic reforms in China is to establish a "market economy of socialist society". In September 1997, the Communist Party of China admitted that "the holding system is a special form of public ownership" at the constitutional level of the 15th National Committee of the Chinese Communist Party. At this point, the position of the stock market was officially established.

In the 1920s, I thought that many people could make money from the stock market. Forgetting the stock market volatility, they invested in lifetime savings. Others will buy shares with credit (margin). When the stock market suddenly dropped on Tuesday, October 29, 1929, the country was not ready. The economic damage caused by the stock market crash in 1929 was an important factor in the beginning of the Great Depression. The conclusion of the First World War told us the arrival of a new era in the United States. This is an era of enthusiasm, confidence, and optimism. Inventions such as airplanes and radios may become reality. The morality of the 19th century was put on hold, and the baffle became a model for a new woman. The moment when the prohibition orders regain trust in the public's productivity