As the world's second largest economy, China is undergoing an economic transformation dominated by new quality productivity and is actively participating in this technological revolution.
Every new industry transformation in history has had a profound impact on the capital market.
Looking at historical market trends, the leaders of bull markets have changed with changes in the fundamental environment, industrial policies and valuation levels.
During the wave of reform and opening up in the s, the light macedonia phone number list manufacturing and home appliance industries experienced rapid development, and related stocks also rose accordingly.
Between and , the global economic boom, especially the rapid development of China's infrastructure construction and banking reforms, made cyclical industries and the financial sector the market leaders.
From to , with the rise of margin trading and securities lending business and the rise of the "Internet +" concept, securities firms, Internet companies and GEM stocks became the new favorites of the market.