To Cure The Stock Market Evil Needs Policy Guidance.

"There is no policy inaction, there is a policy of nonsense", which is the evil spirit of China's stock market, and this point in our financial institutions to show the best.

Financial security is related to national economic security and even the core of national financial security.

No one doubts this view in China.

However, if our financial institutions are trying to engage in speculative speculation in the name of marketization, commercialization and maximization of interests every day, who will ensure the financial security of this country? If the government fails to get the cooperation of financial institutions, it will play the game of cat and mouse with the financial institutions every day.

In my opinion, we must immediately strengthen the education of financial institutions practitioners, strengthen their risk awareness, consciously restrain their basic behavior standards, and eradicate their short-sighted behavior paradigm, which only focuses on the present but ignores the future.

This is the only way to ensure national financial security.

Speaking of which, we need to talk about the evil of the securities industry in particular.

In fact, the "short-sighted behavior of ignoring future risks" is prevalent in the financial industry, especially in the securities industry.

The state has opened a financing hole for securities investment, but the hole has become a "rat hole". All practitioners do not want to enter the market.

I firmly believe that all practitioners know that this will bring endless risks to the future of China's stock market. But which broker consciously suppressed this risk? For short-term overprofit, even under the repeated prompting of regulators, it is still "beating around the Bush" to act on its own.

And do not say the national financial security, this is "business" is not the self destruction of the Great Wall? Is not the self destruction of the rice bowl?

Imagine that if you had realized the problem earlier, you would have consciously controlled it earlier.

"How can China pay so much for today's stock market? Do you have a bit of self blame now? How many of you are faced with such a malignant market with the mentality of a spectator? Are you still complacent about the increase in the handling fee of that poor business? What a pity!

I have a feeling, but I prefer to feel wrong.

What do I feel? I think that in the face of balancing national interests and self interests, China's financial institutions are more inclined to pursue their own interests, even more than Wall Street.

Why? It's very simple.

Who are the economic decision-makers behind the US government? From Secretary of state to Ministry of finance to the Federal Reserve, are their principal officials not the financial predators born in Wall Street? Do they make national economic policies allow financial institutions to behave in a perpetrating way? I don't believe it.

But we are different. On the surface, our financial institutions are all Communist Party members or even provincial and ministerial leadership posts. But how much of their behavior, especially their business activities, is "consciously" standing in the national economic interests standpoint? I think this is a big question.

Speaking of which, some people may accuse me of planning economic thinking.

But I tell you, you are wrong.

Can the market economy ignore arbitrarily the interests of the state? It is true that there is no taboo in law, but magnified the national economic risk in the end is "law taboo or law no taboo"? If there is no law taboo, it should be legislating immediately; if the law is taboo, it should stop immediately.

As far as I am concerned, all financial regulations, at least the departmental laws and regulations, are prudent and have provisions to prevent financial risks.

But do you not understand whether the behavior of financial institutions is consistent with the general principles of laws and regulations? Do you not know that you do not deserve to sit on seats that are related to national financial safety?

So I think all

The main responsible persons must conscientiously perform their duties and must combine their own interests with the long-term interests of the state. We must consciously safeguard national financial security.

In fact, only the long term stability of the country has the long-term interests of the financial industry. This is the undisputable truth.

Such a great truth even people understand that financial institutions will not understand? Then how do we people evaluate you? Yes, the market economy obeys the principle of competition, but is competition a "bottomless barbaric growth" competition? If so, is China's market economy back to nineteenth Century?

I sincerely hope China

Mature, but not the more mature institutional investors, it is by no means a more mature education investors, but must be educational institutions - business institutions, investment institutions, only their maturity, the market will mature.

This is probably an important task for Chinese securities industry to complete as soon as possible.