97年的中国股市可谓跌宕起伏，惊险有加。96年岁末股指的大幅下挫为97年形势抹下一片浓重阴影，97年上半年两市出人意料携手走高，自1月7日至5月12日止上证综指和深证成指升幅分别高达73％和104％，随后扩容的加速和管理层各项监管措施纷纷出台，两市从8月中旬开始又进入了近四 97 years of Chinese stock market can be described as ups and downs, thrilling. The drastic drop of the stock index in late 1996 has cast a heavy shadow over the situation in 1997. In the first half of 1997, the two cities unexpectedly went hand in hand with the Shanghai Composite Index and the Shenzhen Component Index up by as high as January 7 to May 12 73% and 104%, then the acceleration of expansion and management of various regulatory measures have been introduced, the two cities from mid-August again entered nearly four