Liu Jipeng questioned the current situation of China's **3,000 points, and raised the problem of over-raising and "one dominant share". The phenomenon of over-offering refers to the fact that the funds raised by listed companies exceed the actual demand, resulting in waste of funds and unreasonable investment. On the other hand, "one dominant share" means that the majority shareholder holds a large number of shares and has absolute control over the company's decision-making, while the interests of small and medium-sized investors are often ignored. These problems not only harm the interests of investors, but also affect the fairness and stability of the market.
The phenomenon of over-fundraising and the problem of "one dominant share" have existed for a long time in China**. The existence of these problems directly affects the normal operation of the market. The phenomenon of over-raising has led to the waste of a large amount of funds, which could have been used for more valuable investment and development, but have not been rationally used after financing by listed companies. This not only poses a threat to the rights and interests of investors, but also has a negative impact on the stability of the entire market.
The phenomenon of "one dominant force" is even more serious. Majority shareholders hold too many shares and have absolute control, which means they can make any decisions that are beneficial to them without considering the opinions of other shareholders. This unfair decision-making mechanism will lead to the interests of small and medium-sized investors being ignored, and they will not be able to get the returns they deserve, and may even suffer losses as a result. This not only has an impact on the fairness of the market, but also hurts the confidence of investors, making more people lose trust in **.
In order to solve the problem of over-offering and "one share dominance", it is necessary to strengthen the supervision of listed companies to ensure that their financing behavior meets the actual needs. At the same time, a reasonable system should be established to protect the interests of small and medium-sized investors and ensure that they can obtain the returns they deserve. In this way, we can improve the fairness and stability of the market and promote the healthy development of the market.
Liu Jipeng mentioned the behavior of the major shareholders of China's ** listed companies, and pointed out that this kind of behavior has an impact on the stock price and harms the interests of other investors. This irrational distribution of wealth not only undermines investor confidence, but also negatively affects the stability of the market.
The problem has always been a puzzle in **. The major shareholders of many listed companies take huge profits when the stock price is high. Although this can bring very considerable benefits to major shareholders in the short term, it has had an impact on the stock price and hurt the interests of other investors. This phenomenon will lead to a blow to investor confidence and a decrease in motivation, which in turn may lead to a large-scale sell-off by investors, triggering a chain reaction or even a market crash.
At present, the "new regulations" have begun to restrict the shareholding and behavior of major shareholders. This regulation requires that companies that break the net and break the issue shall not be allowed, and companies that do not meet the dividend standards shall not be allowed. This will help reduce the impact of major shareholders on the market and improve the stability of the market.
* The solution of the problem also requires more perfect mechanisms and systems. For example, the behavior of major shareholders should be more strictly supervised to prevent them from abusing their rights. At the same time, listed companies should be encouraged to increase dividends and increase returns for investors. Only in this way can we achieve a reasonable distribution of equity and improve the fairness and stability of the market.
Liu Jipeng pointed out that an important problem at present is the lack of supervision of the exchange. The exchange is not a corporate system, but has become a "four dislikes" and should become the object of supervision. At present, there are problems such as fraudulent issuance and financial fraud in the first-class trading market, and these problems have been repeatedly banned in the absence of an effective regulatory mechanism. The registration system is only the fuse, and the "sickness" of listed companies has had a serious impact on the fairness and transparency of the market.
The issue of regulation of exchanges has always been a focal point. As one of the core components of the market, the exchange plays an important role in regulating and regulating the market order. However, in the current **, the regulatory role of the exchange is not obvious, and it is often considered by investors to be "four dislikes", which makes the ** lack of an effective regulatory mechanism.
A case in point is the issue of fraudulent issuance and financial fraud. Due to the lack of supervision of the exchange, some companies often attract investors through false performance statements and information disclosures to achieve their own interests. This behavior not only affects the fairness and transparency of the market, but also harms the interests of investors. The registration system is only a fuse that exposes the problem, and the listed companies are further infringing on the fairness and transparency of the market in the case of "breaking through with illness".
In order to solve the problem of exchange regulation, we must establish a more complete regulatory system. On the one hand, it is necessary to strengthen the supervision of exchanges to ensure that they can perform their duties well and regulate the market order. On the other hand, the supervision of listed companies should be strengthened, and the financial information and performance statements of the companies should be more strictly reviewed and supervised, so as to prevent companies from attracting investors through false information. Only in this way can we improve the fairness and transparency of the market, restore the confidence of investors, and promote the healthy development of the market.
Liu Jipeng believes that in the face of various problems, the only way out is to carry out the "second share reform". He put forward three ways to solve the problem: strengthen the supervision of listed companies, standardize the behavior of major shareholders, and improve the regulatory mechanism of the exchange. Only through these measures can we solve the deep-seated problems of the company, achieve the maturity and stability of the company, and let shareholders truly taste the joy and sense of accomplishment of making money.
In the face of the current problems, we must take action and find a way out to solve them. The "second share reform" proposed by Liu Jipeng is the urgent requirement of the current development. This also shows that the current problems are deep-seated and need to be solved through systematic reform.
First, we need to strengthen the regulation of listed companies. The past regulatory methods can no longer meet the current needs, and the new regulatory model needs to be more scientific and effective. We should establish a stricter regulatory system to review and supervise the financial information and performance statements of listed companies, so as to prevent companies from attracting investors through false information to achieve their own interests. Only through strict regulation can the fairness and transparency of the market be guaranteed and the confidence of investors can be improved.
Secondly, we need to regulate the behavior of major shareholders. The new rules are a good start, but they need to be further improved. The behavior of major shareholders should be more strictly restricted to prevent them from abusing their rights and interests to the detriment of other investors. Only by clearly stipulating the conditions and degree of major shareholders can the stability and fairness of the market be improved.
Finally, we need to improve the regulatory mechanism of exchanges. As a core component of the market, exchanges need to assume more important regulatory responsibilities. We should strengthen the supervision of exchanges to ensure that they can fulfill their responsibilities and regulate the market order. Only in this way can we improve the transparency and fairness of the market and provide investors with a safe and secure trading environment.
In general, there is a long way to go. In order to make the market stable, fair and transparent, we need to strengthen the supervision of listed companies, regulate the behavior of major shareholders, and improve the regulatory mechanism of the exchange. Only by deepening the share reform can we solve the current deep-seated problems, boost the confidence of investors, let people really make money through the first place, make China's first country mature and stable, and let shareholders really taste the joy and pride of making money.