Shanghai And Shenzhen Stock Market Value Of The Investment Performance Of Empirical Research

Since Shanghai Stock Exchange and Shenzhen Stock Exchange founded in the beginning of 1990s ,Chinese stock market has been developing for more than ten years It has made a great contribution to the economy of China In the development of stock market,Investment ideal is developing.Value investment ideal appeared in 2001 in Chinese stock market.It is becoming the main investment ideal in Chinese stock market gradually.Farther srudies about value investment ideal is helpful for the development of it,and it is helpful for developing suitble value investment ideal for Chinese stock market theoretically .In practice,it is helpful for changing the gamble ideal which wishes to a great sum of money in a short time in Chinese stock market.It is helpful for developing rational investment ideal and keeping the stock market in order.In the background,based on the former studies,This article chose three leading value investment methods to form portfolios,and chose the best based on their performances. Then this article compared the best portfolio with the market benchmark to judge whether value investment idea is suitable for Chinese stock market.At last ,based on the results of practical study this article analyzed the factors which blocked the development of value investment ideal and the foreground of value investment ideal after the stake's dividing and putting reform in Chinese stock market.