China'S Stock Market Is Also A Relatively Strong Policy Market.
For small and medium-sized investors, the Chinese stock market is a unilateral market, and only the stock market will take the bull market investors. The Chinese stock market is a relatively strong policy market, and only a good policy will be adopted in the policy market. Therefore, the market investors always expect the policy to be good and frequent, so that they can take the bull and gain better returns.
Now that the CSRC has been strictly controlled, the number of increased veto cases has gradually increased. The Securities Times has disclosed three cases of mergers and acquisitions. Vanke's acquisition of Qianhai international has announced that it stopped. Shenzhen textile and TCL group announced the 18 night. Shenzhen textile originally planned to buy shares and business / assets related to semiconductor display business held by TCL group and / or other parties in the form of shares and / or cash payment, because the capital market changed conditions were not mature enough to stop.
Ye Tan has provided a set of data. As of December 16th, there are about 230 announcements of major asset restructuring related to the termination of major asset restructuring or termination this year.
Last year, the number was only more than 50.
Mergers and acquisitions have increased a large number of stops and released some important signals. It has become more and more difficult to make use of the fixed increase of money. Capital market is not a person who wants to collect money.
As far as the interval is concerned, it is difficult to judge whether to make a judgement. The next 3000 points should not be far behind. There are many resistances at the top 3600 points. The operation of the stock index depends on how the IPO rhythm of the SFC and the liquidity of the central bank are arranged, and no one can predict the IPO rhythm.
Liu Shiyu expressed high hopes for the development of futures supervision in his speech recently: "the State Council recently launched a series of reform and development measures for the orderly development of the financial market, which fully reflects the affirmation of the securities and futures market by all sectors of the stock market after the fluctuation of the stock market, and has drawn lessons from our team to sum up the affirmation of teaching and training. In the future, we will continue to play a good role in the good news. The SFC will work together with everyone to make the market develop better.
Although the market has different interpretations, Mr Liu Shiyu thinks that it is self serving to link chairman Liu Shiyu's speech with the stock market just for the futures market. However, judging from its lines, it is more objective to evaluate the stock market and the futures market, and as the chairman of the securities and Futures Commission, it is not very objective to separate the stock market from the futures market. Besides, the stock market is not in a good mood. Investors have already had some bad feelings. They need to be managed to cheer up and boost confidence, so that the stock market can restore its vitality as soon as possible, so that IPO can proceed smoothly.
Collective collapse, the two cities have nearly 200 stocks down, investors average loss of 38 thousand yuan, the Shanghai composite index is also testing the 3100 point integer point, once the market falls below 3100 points, the market will face greater technical adjustment requirements, and the gem has fallen, and the temptation to test the low point has been greatly tested. The pressure of new shares is higher than that of the mountains. This week, 13 new shares have been purchased, and the market is expected to be under pressure again. If the chairman of the securities and Futures Commission does not come out to cheer, who knows what way the market will respond to it and whether it will fall below the 3100 point integer pass, so President Liu Shiyu's speech is timely. At least, such intermittent shouting will not let the market collapse, so that investors will have an expectation rather than despair. Double two China's stock market ushered in black Monday, Shanghai and Shenzhen Stock Market
From the perspective of the relationship between stock index operation and new issue, it is necessary for the securities and Futures Commission to maintain good market share and keep the stock market running at a reasonable level, so that the new stock market can not be released, and the new stock market can not be issued. So what is the good news of chairman Liu Shiyu? What is the good news of the new shares? I think it is impossible for all the new shares to be released. All the good points are issued to ensure the smooth issuance of the new shares, because the new economy needs the support of the stock market, the merger and acquisition of the state-owned enterprises needs the support of the stock market, the deleveraging also needs the support of the stock market, and the economic recovery needs the support of the stock market as well. 3000.
The most desirable thing is to attract long-term funds such as pensions.
The most notable funding of the long line is pension and enterprise annuity. For a long time, the pension market has been regarded as a good day by the market, and the market has been looking forward to it for a long time. Not only is the pension scale huge, but also it is deeply rooted in the long term investment and value investing philosophy, and is considered to be the cornerstone of the stable operation of the market. The mainstream market has been looking forward to the entry of the pension into the same field of attention as the US 401K plan.
The basic pension investment management measures and the national social security regulations have been released, which means that the barriers to the pension market have been cleared. In December 6th this year, the National Council for Social Security Fund announced that after a rigorous review process, 21 basic pension insurance fund investment management institutions were identified, which means that pensions can be entered at any time, and optimists expect the first batch of pensions to be allocated to the institutions to invest in China's stock market before the end of the year.
Although the funds for the first batch of pensions may not be very large, only 100-200 billion yuan, or 100 billion yuan up and down, will have little impact on the stock market, but the scale of the pension is huge. The impact on the market will be very far-reaching. It is difficult to estimate. According to Huatai Securities, the upper limit of the scale of the pension market is 11981 billion yuan, plus the estimated average proportion of all the provinces in the country is about 35.6%, and the initial market size is about 400 billion yuan.
If the 11981 billion yuan pension comes into the market, the impact on the market will be enormous.
But so far, the pension market is still a pie and has not been put into practice. As the most anticipated pension market entry by the SFC, President Liu Shiyu will spare no effort to push the pace of its entry into the market and let the pension enter as soon as possible. This may also be an important part of the good play.
The second is to increase the reduction of major shareholders such as regulating industrial capital.
The industrial capital reduction of China's stock market has been criticized by the market. It is not only the reduction of the size of the market, but also the serious loss of the market. It also colluded with some big funds in the two tier market, releasing some false mergers and acquisitions, sending high returns and other good news.
A senior expert in the capital market thinks that these goblins in President Liu Shiyu's mouth are not inferior to the old goblin's harm to the capital market. The venture capital goblin has just broken several placards, but the big shareholders have no conditions to reduce them arbitrarily, but they are plunged into a continuous disaster for the whole market.
At present, the reduction of these major shareholders is endless, and they have become industrial chains.
Without the relevant management system, some major shareholders have made the capital market as a cash machine.
"The momentum of reduction is increasing, reducing by about 40000000000 per month, and more than 450 billion a year.
Therefore, the main energy of the market is the reduction in capital operation, and there is no real upgrading of high-tech enterprises.
Such a capital market is the most unfair and most unjust distribution in China today, the most unreasonable and the most extreme cause of extreme poverty and wealth.
Indeed, the reduction is too crazy. After 16 years, it seems more crazy.
While reducing the number of households and scale, "
Liquidation reduction
"Appear again and again.
As of the end of 10, since the second half of the year, 700 listed companies in Shanghai and Shenzhen two cities have issued 2557 reduction announcements, of which 15 listed companies have more than 1 billion yuan in reducing cash holdings, and more than 200 billion companies have been reduced.
Experts have cited an example to prove that the reduction of irrational and unmerciless harm to the market, Jilin Yongda listed in 2011, listed more than 4 years, to the market to provide 100 million of the profits.
However, the majority shareholder from the original holdings of more than 70%, reduced to zero, swept away 6 billion 780 million.
The market has been calling on the SFC to make more restrictions on shareholder reduction, although the two tier market is right.
Shareholder restriction
It has been strengthened, but left behind the evil tail of bulk trading, so that the reduction provisions become a decoration. The market does not exclude more restrictions on bulk pactions, or simply cancel, or similar to the two level market regulation, the three quarter reduction can not exceed 1% of the shareholding. Once the industrial capital reduction has been effectively curbed, the market bloodletting effect will be effectively stopped, and the confidence of investors will be greatly enhanced.
The three is to further intensify the crackdown on market manipulation and insider trading. Insider trading and market manipulation have always been a chronic disease in China's stock market. Although the SFC has spared no effort to crack down, the effect is still poor.
Market monster
Frequent insider trading questioning has been hurting investors.
The foreseeable future is that there will be more regulation of share price movements.
The four is to further standardize and increase financing to make way for IPO. China's stock market is set to increase because the threshold is low and the market is warmly welcomed.
The securities and futures statistics group has counted a group of additional issuance data, including 487 additional homes in 14 years, 682 billion 215 million yuan in financing, 89% in total financing, 857 in 15 years, 1 trillion and 372 billion 310 million yuan in financing, and 89% in total financing. As of November 22nd, the number of additional households increased by 646 in 16 years, accounting for 1 trillion and 351 billion 811 million yuan, accounting for the total number of financial assets, showing that the scale of refinancing increased.
But still can not prevent the increase of blowout, and the average financing scale of the single family financing of listed companies is increasing.
For more information, please pay attention to the world clothing shoes and hats net report.
- Related reading
Stock Market Outlook: Market Inflation Is Not Far Away. It Needs New Sectors To Take The Lead.
|- Recommended topics | Hermes Sales Data Released In The First Half, Leather Goods Sales Increased By 20%
- Listed company | 華鼎錦綸公布上半年業(yè)績預告
- Local hotspot | Xinjiang Outdoor Products Market Survey
- financial news | RMB Depreciation Benefit Industry Inventory Of Textile And Clothing Industry, A Long Drought, A Pleasant Rain.
- Female house | Ton Lia Guli Nazha'S Fashion Show Of Two Beauties In Xinjiang
- Industry stock market | Introduction To Shengze Market In Recent Week
- Collocation | Silk Scarf T-Shirt + Mini Skirt To Bring You To Play Little Fresh
- Listed company | Last Week, Five Shares Were Most Praised By Most Hua Fang Textile.
- Local hotspot | Hohhot Shopping Mall Found That Sunscreen Is Difficult To Resist Ultraviolet Radiation.
- financial news | Policy "Combined Boxing" Urges The Textile Industry To Develop Healthfully
- High Delivery Has Become A Trend In The Market.
- Hami Textile And Clothing Fair: Creating A Bistatic Base For International Professional Garment Processing And National Costume Industry
- Wearing A Pink Coat With Tang Yan School, This Christmas Show Is Sweet.
- 2016 Netease Has An Attitude Personage Ceremony: Joe Chen Is Stunning.
- Central Economic Work Conference: An Economic Policy Framework Adapted To The New Normal Of Economic Development
- Representative Color Of 2017: Grass Green Is Known As "Natural Neutral Color".
- The General Administration Of Taxation Standardizing The Discretion Of Tax Administrative Penalty
- Hotel Receptionist Etiquette Code
- How To Build Excellent Team With Leadership
- Four Good Minds To Find A Good Job