Regulation · Shanghai Composite Index (2023)
Across 144 trading days of China's 2023 registration-system reform era, the Shanghai Composite navigated a 5.5% climb with a 5.6% drawdown. Step into the market replay, tackle 25 decision points, and receive an AI coach review of your simulated calls.
144 daily bars · 25 decision points · 2022-10 to 2023-05 · Stocks
Key facts
This window spans 215 days with a peak-to-trough drawdown of 5.6% and a 17.3% run-up.
- Max drawdown
- −5.6%
- Max run-up
- +17.3%
- Duration
- 215 days
- Largest single-day move
- +2.6%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
The Shanghai Composite Index entered a pivotal reform era in late October 2022, as China prepared to implement its comprehensive registration-based IPO system—a fundamental restructuring of how companies enter and exit the equity market. Over the next seven months, from October 21, 2022, through May 24, 2023, the market navigated this transformative policy landscape. Investors faced the task of interpreting regulatory signals, assessing institutional changes, and positioning portfolios amid evolving market structure.
Across the 144 trading days captured in this replay, the index advanced from 3038.93 to 3204.75, representing a 5.5% gain. However, the journey proved volatile, with the market experiencing a maximum drawdown of 5.6% and a largest single-bar movement of 2.6%. Participants encountered 25 decision points—9 of which were flagged as critical—requiring repeated judgment calls on entry, exit, and position sizing throughout the reform window.
This scenario hones the ability to manage risk under regulatory uncertainty, where policy shifts can rapidly alter market sentiment. The 5.6% drawdown illustrates how persistent uptrends can reverse unexpectedly, while the 2.6% single-day swings highlight the necessity of emotional control and disciplined risk management. Practicing through these 25 decision points—particularly the 9 critical junctures—builds the psychological resilience to act decisively when it matters most, all within a simulated environment that eliminates real financial risk from the learning process.