Under the background of China's capital market, the stock price is almost the only criterion to measure the investment value of a listed company.
The change of stock price is related to many internal factors such as the company's financial data, industry status and development prospects. However, on the whole, the share prices of A-share listed companies show the characteristics of "going with the market". When the bull market comes, "junk stocks" can also "go to heaven", when the bear market comes, the "big blue chips" can't escape the bad luck of plunging.
Fucheng shares are an exception. "The bull market leads the rise, while the bear market resists the fall"-in the eyes of most investors, this sentence is most appropriate to describe the performance of the secondary market of Fucheng Co., Ltd. (600965). Shh).
From 2065438 to the end of August 2004, the latest bull market of A shares broke out. Under the combined force of multiple factors, the Shanghai Composite Index, which is regarded as the vane of A-shares, suddenly exerted its strength after eight years of silence. On August 29th, the Shanghai Composite Index closed at 22 12.70. Since then, it has been rising nonstop, reaching 5000 points at the beginning of June, 1965, 438+078.5438+09 points, with an increase of 134.02%.
During this period, Fucheng shares soared from 5.74 yuan/share to 22.29 yuan/share, with an increase of 288.33%, far exceeding the performance of the broader market, leading the market and many stocks.
However, just as the argument that "ten thousand points are not dreams" flooded the market, the Shanghai Composite Index took a sharp turn. 2065438+At the beginning of February 2006, the stock index has dropped to about 2600 points, which is only about 50% of the peak period.
On the other hand, Fucheng shares, the price of 1 1 yuan/share has also been "halved". However, it should be noted that at that time, the market barely maintained a decline of about 50% by relying on policies and blue-chip stocks, and the share prices of most stocks have shrunk to about 20% to 30% at the peak.
In the short term, the Shanghai Composite Index has dropped from 3,587.03 points at the beginning of this year to 2,704.34 points at the close of September 5, a decrease of 32.64%. Individual stocks fell, with a drop of more than 50%. However, the share price of Fucheng shares has risen since the beginning of the year.
Perhaps, for investors in the secondary market, this drama of "rising against the trend" is even more commendable.