The latest total market capitalization of the US 'Seven Sisters' is $18.04 trillion, equivalent to ¥131.15 trillion. The latest total market capitalization of the A-shares is ¥100.71 trillion, with a circulating market capitalization of ¥79.62 trillion.
Previously, the total market capitalization of the US 'Seven Sisters' was 50%, 80%, and 100% of the A-shares; now it is heading towards 150% and 200%.
The rapid rise of the US stock market is largely driven by technology, and of course, the leading tech stocks are not irrationally driven by frenzied group speculation, but by performance and price appreciation.
The slow bull market in the US stock market essentially reflects the slow bull market of these leading tech stocks. The lifecycle of leading tech stocks is long, and their cyclical rotation is slow, so the experience of holding them for the long term is very good.
The US 'Seven Sisters', with the latest market capitalization, IPO year, IPO price, adjusted current price, approximate increase, and CAGR.
No.1 Apple, latest market value $3.75 trillion, IPO in 1980, price $22, currently $55,214, increase of 2,509 times, 44-year annualized return of 19.5%.
No.2 Microsoft, latest market value $3.32 trillion, IPO in 1986, price $21, currently $129,309, increase of 6,157 times, 38-year annualized return of 25.8%.
No.3 Nvidia, latest market value $3.28 trillion, IPO in 1999, price $12, currently $66,869, increase of 5,572 times, 25-year annualized return of 41.2%.
No.4 Amazon, latest market value $2.39 trillion, IPO in 1997, price $18, currently $55,263, increase of 3,070 times, 27-year annualized return of 34.6%.
No.5 Google, latest market value $2.34 trillion, IPO in 2004, price $85, currently $7,898, increase of 92 times, 20-year annualized return of 25.4%.
No.6 Meta, latest market value $1.56 trillion, IPO in 2012, price $38, currently $632, increase of 16 times, 12-year annualized return of 26%.
No.7 Tesla, latest market value $1.40 trillion, IPO in 2010, price $17, currently $6,390, increase of 375 times, 14-year annualized return of 52.7%. #BTC☀ $ETH