Shanghai Stock Exchange Composite Index declined sharply in 2008 with edging back down. When it came to the middle September，Shanghai Stock Exchange Composite Index fell down to 2000，even to 1802. The bonds market has become booming. The uncertainties in the international environment have increased. As to 2009，the market will not reverse until there is substantial change in the macroeconomic level，relieved negative influence from the surrounding economies，and issuing of favorable policies，which help recover the market investment confidence.