The A Share Market Pays More Attention To The Word "Stable".

With the introduction of the A share fusing mechanism, the stability of the future market is expected to be further improved, combined with factors such as the pension market and the gradual increase of institutional investors.

It can be expected that in the new year, the A share market will pay more attention to the word "stable".

In less than a week, it will enter 2016.

However, looking back at the recent year's stock market quotation, many investors feel thrilling.

Among them, during this year, we witnessed not only the magnificent spectacle of "1000 stock trading" in the A share market, but also experienced rare phenomena such as "1000 stock limit down" and "1000 stock suspension".

Perhaps the most appropriate description of China's A shares in 2015 is the use of "ups and downs".

"Cheng also levers, fail to leverage" may be used to describe the real performance of the A share market in the recent year.

In fact, there is no reason for the A share bull market.

Among them, in the field of financing, for example, before and after July 2014, that is, the start of the bull market, the A share market floor financing scale is less than 450 billion yuan level.

By the end of 2014, however, the scale had risen to nearly 1 trillion.

However, the impact of leverage on the stock market is more evident in the stock market in 2015.

Among them, between January 2015 and June, the scale of A share market surged from 1 trillion to the highest level of 2 trillion and 270 billion.

However, compared with the scale of financing inside the field, the development speed of OTC distribution is even more alarming.

Among them, from March to May this year, it is the critical period for the rapid development of A share market.

According to incomplete data, the size of the A share market has also surged to over 2 trillion, and has seen a rapid growth day by day.

This shows that in the face of a vigorous bull market of leverage, it is bound to cause the rapid expansion of stock market bubbles.

What follows is a difficult process of "deleveraging" and "de foaming" in the stock market.

Obviously, for the irrational stock market downturn between June and August this year, the vast majority of investors are also unable to escape the market loss.

What's more, the blind use of highly leveraged tools in the early stage has led to the embarrassing situation that the market value has evaporated rapidly.

Perhaps, after a round of irrational stock market decline, it has also changed the fate of many families.

It is worth noting that since January 1, 2016,

The index will be formally implemented.

In this regard, under the new mode of A share futile mechanism, it will also have a profound impact on the trend of China's A shares.

However, from the essence of analysis, from

The core of the analysis is to provide a "cooling off period" for the irrational market, trying to reduce the risk of market volatility, but it will not change the general direction of the market in essence.

Thus, with the end of this "cooling off period", the initiative will be gradually returned to the market, so as to gradually restore the market's self-regulation function.

Today, although the stock market has recovered from the bottom, there are still some.

It has basically rebounded to a high of 6 and July this year.

However, after a year of irrational decline, whether it is the introduction of market policies or investors' attitude towards the stock market, they are cautious.

This shows that after a vigorous "deleveraging" and "de bubble" process, investors in the A stock market are also quite rational about the stock market.

Obviously, after profound lessons, the market has paid more attention to the stability of operation.

However, with the introduction of the A share fusing mechanism, combined with the gradual warming of the pension market and the gradual increase of market share of institutional investors, the stability of the A share market in the future is expected to be further improved.

It can be expected that in the new year, the A share market still attaches great importance to a "stable" word.