1. In the past 16 years, A-shares have fallen from 6,100 points to 3,000 points, but the world's top has reached a new high. A-shares have become a big joke in the global capital markets. This big joke has lost the face of the Chinese and greatly damaged China's international image.
In fact, the capital market has seriously dragged down the development of China's real economy. The market value of most A-share listed companies is declining, and it is not advancing but retreating.
3. The majority of investors have suffered greatly and suffered heavy losses of family property. This includes 200 million shareholders and 500 million people. If it is said that behind each ** people, there is usually a family of three, then it is not an exaggeration to say that the people of the whole country are the ones who suffer from it.
4. Due to the serious shrinkage of the renminbi in the pockets of the people of the whole country, their consumption power has dropped sharply, and one of the troika of China's economic development: consumption, has become a lame carriage. In recent years, China has seen a wave of shop closures, such as in the first three quarters of this year, 460,000 enterprises across the country announced their closures, and 3.1 million self-employed people were deregistered. It has had a great impact on the real economy, and the unemployment rate has risen.
5. The seriousness of the A-share problem is by no means just economic. Due to the huge loss of investors' family assets and the sharp increase in family conflicts, the divorce rate has risen sharply in recent years, which is closely related to this.
6. What is more noteworthy is that A-shares have become a booster of the polarization of China's rich and poor. The gap between the rich and the poor in China has jumped to the fourth place in the world, and the number of super-rich people with a net worth of $1 billion has reached the top in the world, far ahead of the United States in second place. In terms of time, the widening gap between the rich and the poor in China is highly consistent with the IPO and refinancing of A-shares, which are the world's leading in the world. Let's take the data from 2015 to the present as an example to get a glimpse of the whole leopard: the IPO is 2.8 trillion yuan, and the major shareholder** has reached 3.2 trillion yuan. This also explains that in the past 16 years, A-shares have raised more than 10 trillion yuan, and the market value of most listed companies has been declining, and the money has gone
7. Sociology has long proved that the disparity between the rich and the poor in society is the root of all evil. For example, crime. Marx hit the nail on the head when he pointed out that if capital has 50 percent profits, it will take risksIf it has 100 percent profits, it dares to trample on all the laws of the world;If there is a profit of three hundred percent, it dares to commit any crime, even at the risk of being hanged. Why did China's ** filthy officials go forward and follow suit?It is the disparity between the rich and the poor that has formed the limit, which has become a fertile ground for the breeding of filthy officials, causing them to "go to the soup and fight the fire, and they will not give up".
8. One of the major scourges of the disparity between the rich and the poor is the formation of a bad atmosphere in society that looks at money, such as the ridiculously high courtship conditions of 38 million leftover women, which is completely divorced from the reality of the vast majority of young men in China. The negative growth of the Chinese population is obviously also a major evil consequence of the disparity between the rich and the poor.
It can be seen from this that the seriousness of the A-share issue has become a major root cause of many social, economic, and ideological and cultural problems in China. Imagine, if A-shares can also hit new highs like the world's **, will these problems be alleviated or even solved to a large extent?
All these problems make relatives bitter and enemies happy!
In July, the Politburo proposed to "activate the capital market and boost investor confidence", all aspects of the rescue combination has continued, and nearly half a year has passed, and A-shares are still the same, "stable but not developing" at 3,000 points, because the bell must be tied to the bell, and the "bell-tied person" must be found: the China Securities Regulatory Commission. The logical analysis is very simple: the various problems of some listed companies are local problems, while the problems of A-shares are a historical problem and a global problem. The overall problem can only be the institution that is responsible, co-ordinated and manages the overall situation, that is, the CSRC.
Domino effect. There is an urgent need to resolve the issue of the CSRC.