The China Securities Journal (CSJ) has released its latest edition of the China Stock Market Performance Index (CSO), and it seems that Shenzhen is not doing well this time.

According to the CSO, Shenzhen slipped to the bottom of the list for the second consecutive year, with a score of 117. This means that Shenzhen's performance in terms of stock market growth, liquidity, profitability, and overall strength is much weaker than other cities such as Shanghai, Beijing, and Guangzhou.

One reason for Shenzhen's poor performance could be due to the fact that the city's economy is heavily dependent on property development, which has been hit hard by the global financial crisis and slowing economic growth. In addition, Shenzhen's real estate market has become increasingly overheated, with many investors buying properties without regard for their long-term prospects.

Another factor contributing to Shenzhen's poor performance could be its lack of diversification. The city's economy is heavily concentrated in just a few sectors, particularly technology and manufacturing, which makes it vulnerable to changes in these industries or shifts in consumer preferences.

Overall, Shenzhen's struggles highlight the need for the Chinese government to take action to promote more balanced and sustainable economic development across the country. By encouraging greater diversification and reducing reliance on certain industries, the government can help ensure that all regions have a better chance of success in the global economy.