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on september 30, 2024, the shanghai composite index rose by 8.06%, and the shenzhen component index rose by 10.67%. you must know that this is not a rise in a certain stock, but a rise in the entire market, a surge that is rare in history.

i don’t understand finance and i don’t have an a-share account, but i know a little bit of basic common sense:

the rise of a stock ultimately requires the company to use profits to support its value; the rise of a stock market ultimately requires the increase in economic development of the market to support its value.

if we extrapolate the macroeconomic fundamentals from the performance of china's stock market in the past few days, we may deduce the following possibilities.

first possibility:

the operating conditions of china's private enterprises have suddenly improved greatly. orders have increased significantly and performance has soared. companies are full of hope for the future, so they have accelerated their expansion, added jobs, and increased employee income. as a result, the income of the working class has also grown rapidly, and their spending power and willingness to spend have increased significantly.

second possibility:

china and the united states stopped the process of economic decoupling and confrontation, and instead expanded and deepened economic cooperation. european and american capital continues to increase investment in china, comprehensively reducing tariffs on chinese goods, and chinese products are selling well all over the world and rapidly expanding their market share. with the application of high-tech, the profit margin of chinese manufacturing has increased rapidly...

third possibility:

china's population structure has undergone rapid and drastic changes. the introduction of tens of millions of children and highly educated young people of childbearing age from foreign countries or alien planets has completely reversed the aging and inverted pyramid development trend of chinese society. people we are confident in the wealth creation ability and social innovation vitality of the future society.

fourth possibility:

china's scientific and technological innovation has produced epoch-making achievements, such as the commercialization of controllable nuclear fusion technology, the realization of independent mass production of 3-nanometer process lithography machines, and the president of the chinese academy of sciences accidentally fell off a cliff and picked up the technological secrets left by the trisolaran people. china has become the world's number one and far-leading technological innovation power.

fifth possibility:

lai ching-te led taiwan's 23 million soldiers and civilians (including lin chiling) to surrender and return. china completed the great cause of reunification without spending a single soldier. countries around the world sent congratulatory messages and expressed their willingness to strengthen economic cooperation and cultural exchanges with china.

i rubbed my eyes carefully and searched for the above possibilities in chinese and english respectively, and found that none of them has become a reality or is about to become a reality.

so i thought of a sixth possibility:

has china decided to start piloting the legalization of gambling from the securities exchange market?