On November 23, the three major A-share stocks fell sharply. The Shanghai Composite Index fell 2.29%, the largest single-day decline since December 12 last year. Shenzhen Stock Exchange Component Index fell 3.33%, while the Growth Enterprise Market fell 3.16%, below the 1800 points mark. It should be pointed out that the A shares fell sharply at the end of the recent years. This is not good news; the stock market's plunge in a number of sectors as well as in the bond market on the one hand reflects the economic slowdown, on the other hand this also reflects the market’s fear on the decline of the Chinese economy at the end of the year, and this fear has been intensified.