五一黄金周后,沪深两市股市继续向上拉升,沪市突破了4000点的关口,散户开户热情高涨,新股民源源不断地增量资金使股指维持高点。月中央行宣布上调贷款利率、存款利率和法定准备金率,充分显示央行紧缩性货币政策的强劲。银监会出台QDII政策旨在分流部分A股资金,股市仅以低开高走的格局予以回应。政策面除了央行发 After the golden week of May 1, the stock markets of Shanghai and Shenzhen continued to move up. The Shanghai stock market broke through the threshold of 4,000 points. The enthusiasm of the retail investors opened up so that the new stock investors continued to raise their stocks to their highest levels. Central Bank announced the central bank to raise lending rates, deposit interest rates and statutory reserve ratio, fully demonstrated the central bank’s tight monetary policy. The CBRC introduced the QDII policy aimed at diverting part of A-share funds and the stock market only responded to the pattern of opening and closing higher. In addition to the central bank policy hair