Ren Zeping: This bull market will be a once-in-a-decade opportunity.

Ren Zeping wrote that this bull market is a once-in-a-decade epic event. In terms of the length of the bull market, since September 2024, it has lasted nearly a year, similar to the bull market of 2014-2015. It is expected that this bull market will last longer than the previous one. In terms of the increase in stock prices, the Shanghai Composite Index reached a low of 2690 last year, and as of August 25th, the index has increased by 45%, reaching a 10-year high. The ChiNext Index has surged by 79% from its low point last year to August 25th. The SSE 50 Index has increased by 1.7 times from its low point last year to August 25th. This magnitude of increase is rare in a decade. In terms of trading volume, before September 24th last year, the stock market trading volume had shrunk to only a few trillion, but recently it has exceeded 30 trillion. In terms of market capitalization, it has risen from a low of 70 trillion last year to nearly 100 trillion recently, bringing about a wealth effect of 30 trillion.