3167 to 1219, from 2017 to 2018
Dollar fund and RMB fund stay in the same boat, the number rose and fell nearly in the same trend.
The famous Lipstick Effect seems not work on investment area, Education and Medicine as the famous counter cyclic industries did not show any strong advantages compared to other popular industries.
With very few constriction <- Dropped so dramatically <- Policy?
No money NO PE
2014
Belt and Road Initiative
Lower the financing cost
Revise Interest Rate
2017
New Xiong An
AI time
Stock Index Up up up
2018
Trade war between China and US
Federal Reserve increase the rate