Against this bleak background, the U.S. stock market ushered in an almost crazy surge. A cross-border seller who has no experience in US stock trading puts the dollars earned from cross-border sales into the US stock market, and accidentally finds that it makes money faster than being a cross-border seller. Among them, Amazon's stock has risen from 1800 points at the beginning of 2020 to 3100 points, an increase of 60%, and TESLA has increased 8 times in a year from 100 points at the beginning of 2020 to 825 points now.
The madness of the US stock market has put the domestic stock market to shame. I found a comparison of the stock market gains of China and the United States in the past 10 years mobile number list as of April last year, which was the early stage of the outbreak. Tired of working full-time from 9 to 5, but just don't have the courage to quit and start a business? I found 8 low-cost and reliable cross-border entrepreneurial projects85 Everyone knows the following things. After April 2020, Tesla has by 3 times, Bilibili has increased by 6 times, and Pinduoduo has increased by 4 times.
Well, some cross-border e-commerce sellers have invested their spare US dollar funds in the US stock market, performing the magic of turning 100 into 200 and 200 into 400. Domestic ordinary people who have no source of foreign exchange open a large number of US stock accounts, frequently exchange US dollars from banks, and remit them abroad. Although the policy does not allow foreign exchange to be used for overseas investment and house sales, some banks were not strictly controlled at first, and a lot of funds still flowed into the investment market smoothly. It seems that regulators are also aware of this madness, and only then have the series of strict control misses mentioned above.