The Study Of Chinese Important Political Conference And It’s Response From The Stock Market

Since The Forth Plenary Session of the 18 th Central Committee of the Communist Party of China(CPC), Chinese stock market has become warmer, ending the long bear market which lasts as long as 7 years. The investors’ enthusiasm have been reignited and the capital from outside has been put into the stock market, making it become focus of people’s attention again. This paper studies the Chinese important political conference and it’s response from the stock market. The scope of the study includes the Chinese important political conference from the 14 th national congress of the communist party of China to this year which lasts more than 20 years, and the stock market response to this conference. This study shows that Chinese stock market grows much maturer with the profounder understanding of the market economy gotten by the Chinese important political conference. That is to say, the stock market is becoming real free market instead of Policy Market, which means the market is greatly influenced by the government. And it also shows that the stock market’s response to the Chinese important political conference is always not so good, but the CPC do not deliberately intervene the stock market. China must further promote the free market process of the stock market, and keep the stock market policy continuity and stability, and create the model of guidance of public opinion, so as to prevent the collapse of the stock market and then create good interaction between the Chinese important political conference and the stock market.