Fig. 3: Trend chart of CSI 300 Index.
From: A factor pricing model based on double moving average strategy
This figure shows the bearish and bullish periods in the Chinese stock market. From 2001 to 2005, 2010 to 2014, and 2015 to 2020, there are bearish trends. From 2005 to 2008 and the first half of 2014 to 2015, there are bullish trends.
