Hu Xijin recently criticized the comparison between the compound annual growth rate of the Shanghai Composite Index and the Dow Jones Index, saying that such a comparison is meaningless to the actual feelings of investors. He stressed that although statistical data shows that the long-term growth rate of the Shanghai Composite Index is better than that of the Dow Jones Index, this does not reflect the real experience of investors in the real investment cycle. Hu's perspective touches on the complex relationship with investors and how to maintain a balance between realism and a long-term perspective when evaluating performance.
Hu Xijin pointed out that most investors are concerned about their returns in the real investment cycle, rather than long-term statistics. In the past decade or even five or six years, the performance of the Shanghai Composite Index has not been satisfactory, which is consistent with the direct experience of investors. In addition, he mentioned that in the past 30 years, China's largest shareholder has not shared the corresponding economic growth benefits, especially investors.
He also emphasized the need to improve the environment, believing that this is not only the responsibility of regulatory authorities such as the China Securities Regulatory Commission, but the common mission of the whole society. To improve, it is first necessary to eliminate various shortcomings in the capital market and promote the stable growth of the index. He also mentioned that the healthy development of the policy requires coordination and cooperation among various departments and fields to ensure the same direction and overall effect of the policy.
Hu Xijin's comments remind us that the health of ** depends not only on superficial exponential growth, but also on investors' real-life experience and long-term confidence. These deeper issues need to be taken into account when assessing performance. The future development of China** needs to find a balance between stable growth and protecting the interests of investors, and at the same time, it also requires the joint efforts and coordination of the whole society. Only in this way can we truly achieve the best health and sustainable development.