Ye Guoying Talks About Stock Market: Trend Of Fixing Market

The stock market crash is different from the bear market. The bear market is a gradual process of weakening. It is just like the boiling of frogs in the warm water, which slowly consumes life in the continuous violation, and the stock market crash is a sudden attack, such as an earthquake and tsunami, so the depth and breadth of the injury are more severe and more serious.

At the beginning of this stock crash, it was considered a normal callback, but actually it was a column crack wall.

Nearly 40 billion market value evaporated, more than ten thousand shares fell to a halt, thousands of stock applications for suspension, a large number of bull market vision of a nightmare, a large number of rescue funds were trapped in the disaster.

The unprecedented stock market crash has caused unprecedented damage to China's stock market, which is only twenty-five years old.

There are too many ideas to reflect on, too much confidence to rebuild, too many systems to be perfected, and too much management to cover up.

Just like a person after a serious illness needs to recuperate and need to recuperate slowly, this process of rehabilitation is like the repair process after the stock disaster. This is absolutely necessary.

So what are the contents of China's stock market that need to be repaired after the stock market crash?

In this stock market crash, despite timely corrective actions and positive measures to save the market, they still showed lagging sense of risk, lack of emergency capability and lack of organizational means.

In spite of food and clothing and hard work, the effect is not high and the talent is not enough. Especially in the high level, there is an Infernal Affairs. The policy-making organs are mixed up.

Therefore, it is urgent to clean up the leadership of the SFC, redevelop leadership, rebuild leadership prestige and establish accountability system.

The illegal personnel who have been investigated are dealt with as soon as possible under the law of evidence, which is clearly addressed to hundreds of millions of investors, so as to solicit the scarred shareholders in the stock market crash.

Secondly, as a major cause of the stock market crash, leverage problem.

Two aspects of software and hardware must be combined to clean up all kinds of computer ports and various kinds of names.

Various kinds of clever purposes, such as borrowing usury and so on.

In September and October, the high allocation of funds must be thoroughly cleaned up and strictly checked, and serious punishment measures should be established.

It is necessary to set up a sound quota ratio for the standardized allocation projects, so that all kinds of incremental funds have both broad distribution channels and strict precautions against risks. They should always be alert to the risks and impulses of funds, and establish an effective early warning system for leveraged financing, which is necessary to improve the market.

Third, to process pactions, this is also one of the important reasons for the stock market crash.

From the global stock market analysis, procedural trading has always been one of the important reasons for the stock market crash.

The US stock market crash in 1987 was due to procedural trading. When the share price fell, there was no relentless and no room for liquidation.

In the stock market crash of China, the business opportunities of various coupons were continuously increased by procedural pactions, and forced to liquidate sequentially in a ruthless manner, resulting in a series of Domino effects in the stock market.

The reason why thousands of shares are down for many times and liquidity barriers are difficult to eliminate are related to procedural pactions, so they must be corrected in the trading system.

Fourth, we need to further improve the law and system.

Facing the Internet era's finance, the original securities law, the company law, and the

The regulations and so on are not covered by many contents.

Under the stock market crash, the loopholes in the system and law are exposed.

The reason why any share of the disaster is a progress to system, law and rules is to see the shortage and see the shortage through the disaster, so as to supplement and improve it quickly.

American securities laws are relatively sound, and they are constantly corrected and perfected through the continuous stock market crash and bear market.

China's stock market has been unprecedented since June 15, 2015.

Since October 2015, there are more than 22 in April.

In these 80 trading days, the market trend can be divided into three stages.

In the first stage, from June 15th to July 2nd, the Shanghai stock index plunged from 5174.42 to 3795.25 points, or 26.7%. (according to a measure of a crisis in the stock market of a country and an economy in the global academic circles, the ten trading days > two weeks > 20%, which can be recognized as a crisis. This is a very clear and very important index. It has occurred around 7.8 times worldwide, and the stock market crash in China has been included.

The stock market crash is characterized by the unexpected drop in speed of no room for maneuver and the unexpected collapse of thousands of shares.

The second stage, from July 3rd to August 26th, for the disaster relief market, the Shanghai Composite Index dropped sharply from 3795.25 to 2850.71, or 24.88% again.

The characteristic of this disaster relief market is the unexpected rescue efforts. It has used the rescue measures that have not been seen in the history of bear market since the establishment of the stock market in China (the largest amount of funds, the largest concentration of orders, the guidance of the highest leadership, the most effective enforcement of law enforcement, the most effective implementation of policy measures), and the unexpected market panic reaction (the 17 thousand stock limit and the 1000 stock suspension, the bungee jumping between the daily limit and the daily limit, and a large number of "Warriors" coming to the national market after the bailout follow up at the moment before dawn).

The third stage will continue from August 26th to now. The Shanghai Composite Index has been steadily consolidated from the lowest point of 2850.71 to 3447.26. From the trend, it has broken away from the 2850.71 lowest point of the stock market crash, and has also broken through the downward trend line from 5174 to 4006.34 points since the stock market crash. It has completed 28 trading days at 2983.92 points and 3256.74 points, with a turnover rate of 29.3% and an average of 3134 points.

What is the trend of the repair market that has not yet ended? How can it be deductive? Will it also bring out unexpected characteristics? This is undoubtedly the focus of the current market.

Especially after the stock market crash, there are two extreme views on the trend of the market.

One is that the recovery market is merely a rebound, the weakness of the international economy, the weakness of the national economy, the unease of the South China Sea, the sluggish consumption, the increasing turbulence in the global war, the weak commodity, and the high trend in the US, Japan and Europe stock market.

Therefore, the stock market crash will continue.

The other is that the darkness has passed, the dawn has risen, and the best investment period is coming.