随着在国金中心（IFC）刚刚开业的汇丰（HSBC）大楼等摩天大厦点缀在上海的天际，或许情况看起来的确如此。
It might appear so as towering skyscrapers like the just-opened HSBC towers in the IFC dot the Shanghai skyline.
“量化宽松帮助推高了股票价格，但这种增长是建立在经济强劲复苏的期望基础之上的，而这并没有发生。”汇丰银行首席经济学家斯蒂芬•金这样说道。
"QE helped to push up equity prices but those increases were based on the hope of a vigorous economic recovery that didn't happen," says Stephen King, chief economist of HSBC.
汇丰股票定量研究全球主管若阿金•德利马（Joaquim de Lima）表示，在爆发金融危机的情况下，这一结果“令人惊讶，也很令人鼓舞”。
Joaquim de Lima, global head of quant research for equities, said the results were "surprising and very encouraging", given the financial crisis.
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