Success in life is often about timing: Great business opportunity we missed (6)

Opportunity in 2005: Stock market

Since 2001, China’s stock market had been stagnant; most Chinese investors lost confidence and withdrew from the market after suffering four-year long bear market. In 2005, Chinese stock issue reform was implemented, and the reform of the RMB exchange rate regime had played a positive role. As a result, A-shares soared exultantly in the next two years. When bear market turning into bull market, not many investors seized the opportunity to be wealthy at that time.