1. Where does the money evaporated from the stock market go?
The so-called money in the stock market has evaporated, which means that the depreciation of the stock is equivalent to how much money has been lost. It is not that an equivalent amount of money has evaporated, but the market value of the stock has decreased. Stocks in the stock market can be understood as a commodity, which is basically no different from ordinary commodities. The value of this commodity is related to the market’s valuation of it.
Take an apple as an example. You have an apple. Today the apple is sold for 3 yuan, and the price is reduced for 2 yuan tomorrow. Your apple is still an apple, but in terms of value, you lose 1 yuan, which is evaporation. Many people mentioned that the stock market evaporated, and some people still benefited. This statement is also true, but this is aimed at the entire economic system. The price change of any commodity in the market will inevitably affect the entire market.
It is as if the price of pork has dropped, and the meat sellers lose money, but the consumers gain. But talking about pork alone, its value is evaporated. Therefore, many people mention that the stock market is a transaction process, which is not wrong, but this is actually two different concepts from the evaporation and appreciation of the stock market.
2. Why does the money in the stock market evaporate?
The market value of a stock is calculated based on the current price. When a stock has only a large number of sell orders but no buy orders, no one takes the order, and the stock price will keep falling, and the stock price lost during the period will be evaporated.
If a certain A stock has 10 million shares, and the closing price of the stock yesterday was 10 yuan, then its total value is 100 million yuan. There is only one transaction today, and one person buys 100 shares of A at 11 yuan (the daily limit). A total of 1100 yuan), the total value of A shares today is 110 million yuan. The actual transaction increased by 100 yuan, but the stock market value increased by 10 million yuan. 9999900 yuan is purely computational data, and there is no money involved in the transaction.
Conversely, if the above is not traded at the limit-up price, but at the limit-down price, that is, 100 shares are traded at 9 yuan, and the market value of A stock will immediately drop to 90 million yuan. The market value has evaporated by 10 million yuan. The market value of this evaporation is just the evaporation in the calculation formula, which is the evaporation driven by a loss of 100 yuan.