Today, let's take a look at the child next door, India**. In the past two days, India has made history again, entering the $4 trillion club for the first time.
Recalling that in 2001, we and the third brother both started at 2,000 points, and more than 20 years have passed, and they have risen for 8 consecutive yearsIt climbed directly to today's 69,000 points, more than thirty times！To say not to envy, that is false.
In addition to envy, we want to know moreHow did they rise so well in the face of global headwinds?？As a neighbor, India's population is similar to ours, and the stage of development is not too far behindBehind India's red-hot ** this year, the first thing must be the rapid growth of their economy. This year they are taking off in population, becoming the most populous country in the world;The manufacturing and construction industry is also soaring, attracting many manufacturing leaders such as Apple and FoxconnThe key exchange rate is still very stable, which is very conducive to attracting foreign investment.
Under this kind of unexpected economic growth and demographic dividend, even if they like to collect fines indiscriminately, foreign capital can endure it. Besides, although Ah San is a bit of a hooligan in other aspects, their ** is really not a hooligan.
What is India like?is different from the impression they usually give to Ah San, India** is still quite reliable. Although it is not well-known, India ** has a history of nearly 150 years, and there was a Bombay Exchange in 1875. And as a Commonwealth country, their market rules are also very open, foreign individual investors can directly participate, capital in and out is very free, India** 70% are foreign capital.
In addition, the regulation of India** is very strict, and they started the registration system in 1992. From 2007 to 2018, 1,381 companies were dissuaded by the Bombay Exchange. Therefore, the quality of their listed companies can be said to be relatively good.
As for our A-shares, in fact, everyone also knows that our big A was actually set up in the initial stage for state-owned enterprises to get out of trouble. In the early stage of the development of China's capital market, the proportion of private enterprises was very small, such as large enterprises and technology companies went overseas to list, so large A-shares missed the dividends of the development of science and technology enterprises.
So what lessons do we have to learn from India?It should be said that how to build a more inclusive, market-oriented, and internationalized capital market with better quality enterprises is the future of Big A.