2014年中国投资发展回顾及2015年展望

Abstract:In 2014，A-Share Market got a bull market，and the blue chip stocks，represented as securities and banks，soared sharply. But on the other hand，the return of small and medium board and venture capital board is limited. The new issuance scale of debt market grew quickly，and the yields rose. And according to the both bull market of stocks and debts，most of the fund indexes rose. By the weak economy influence，the commodity futures performance poorly，and the price of crude oil fell deeply. Real estate entered a period of adjustment，the trust scale slowdown，VC/PE market has warmed up，and the market size of bank financing grew rapidly. Looking forward to 2015，under the background of economy bottoming，reform accelerating and liquidity easing，we expect that the stock market will continue to rise. The debt market will increase volatility. The commodity market will maintain concussion situation. Real estate will continue to destocking. The yield of bank financing and trust will maintain stable. VC/PE market will maintain active posture.

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