The invention discloses shampoo for relieving alopecia and promoting hair generation. The shampoo is prepared from the following raw materials in parts by mass: 0.4-1 part of ginseng extract, 0.2-0.8 part of gastrodia rhizoma extract, 0.2-0.8 part of pseudo-ginseng extract, 0.6-2 parts of polygonum multiflorum extract, 0.2-0.8 part of platycladus orientalis extract, 0.2-0.8 part of angelica sinensis extract, 0.2-0.8 part of fructus cnidii extract, 0.2-0.8 part of mulberry extract, 0.2-0.8 part of radix sophorae flavescentis extract and 200-500 parts of surfactant. The shampoo contains multiple specific compound traditional Chinese herbal medicinal materials, wherein small-molecular structural biological peptides in the ginseng extract can easily penetrate the scalp skin barrier, hair matrix cells are directly activated and are promoted to quickly divide, hair follicles are nourished, and alopecia relieving and hair generation promoting can be quickly achieved. Furthermore, the shampoo has the effects of nourishing yin, tonifying kidneys, nourishing blood and relieving dizziness, and removing symptoms including dizziness, headache, tinnitus, bitter mouth, dry throat, fatigued and weak waist and knees and the like.