Xu Liangsheng: Buying Behavior Looks Like Throwing Stones In The Sea Of A Shares.

In the near future, especially in the real estate industry, there are many cases of buying and selling.

As investors in the stock market for twenty years, talk about these phenomena.

1, Shanghai 2800 high quality blue chips have

。

As a national social security portfolio fund manager and public fund manager, I have managed billions of dollars.

There are three main aspects of investment: systemic risk, safety margin of industry stock, potential of growth and size of private capital.

Smart and strong industry investors are worthy of respect.

It can be a great force.

2, is the turning point of the real estate industry approaching? The large-scale mergers and acquisitions of the real estate industry failed to drive the A share market to a larger market, which may imply the divergence of investors in the future development of the real estate industry.

Real estate stocks are hard to get wide recognition and deep participation from investors. From 2005 to 2007, property stocks have become glorious. At present, it is difficult for real estate stocks to take on the internal trend force of market rising.

Whether there is a serious bubble in the current real estate price, history will naturally check.

3, the ecological environment of A shares has changed considerably.

In the long run, the regulatory system and the level of construction of listed companies are developing towards the right direction and developing towards the rational allocation of resources.

But in the short run,

Liquidity is obviously insufficient.

New incremental funds are limited; stock funds can not recover if they are not injured in the big fluctuations in 2015, or they can not find the market rhythm in the 2016 fluctuation, and reduce market participation.

Watching waves is not waves.

Combating the market

Yes, but if smart investors in the market exit from the market, the effectiveness of the market will be greatly reduced.

Even the power of flood is only a ripple.

The prophet of warm spring duck.

If the market does not change at present, the market will continue to shrink.

4, the real estate, bonds, A shares and other large asset allocation market is: will not turn the abduction, still hold a half stage.

The real estate industry is "in the ascendant", attracting a lot of liquidity.

The author thinks that the excessive allocation of real estate resources in the whole society is not conducive to entrepreneurship and innovation, and is not conducive to the pformation of economic structure.

The development of multi-level capital market may be an important way out in the long run.

Humble opinion, laugh at it.

Finally, the author's good wishes: with the acquisition of real estate industry as the starting point, more mergers and acquisitions in the A share market will take place in the short board industry (technology and innovation) in the Chinese market. China's economic pformation will accelerate and the attractiveness of the A share market will be strengthened.

From the perspective of historical experience, the acquisition of such a size and volume in the A share market will lead to a rise or even reverse of the real estate market and stock market.

However, there is no expected response at present. This series of takeovers is like throwing a stone in the sea of A shares, which has partial and limited influence on the market trend.