In our country, ** has always attracted much attention, but its performance has confused many people, and it is difficult for investors to see significant returns. Expert Liu Jipeng said the crux of the problem: the distribution of wealth is unreasonable, which is the real reason why China's wealth is not rising.
We must realize that the essence of the capital market is the core, and its core function is financing and resource allocation. However, there is a serious irrationality in the distribution of wealth in China. On the one hand, major shareholders acquire shares at a very low cost at the beginning of listing, enjoying the income of 70 or 80 times the price-earnings ratio plus a high issue price, on the other hand, ordinary investors are facing the dilemma of high risk and low returns. This irrational distribution of wealth will undoubtedly weaken the vitality of the market and reduce investor confidence.
So why aren't the major shareholders focusing on financing and making the company bigger and stronger?This is mainly because, as the majority shareholders of the company, they have already obtained high wealth returns at the beginning of the listing, and there is no need to take the risk of the company's operation. Instead, they are more inclined to profit from ** shares, which undoubtedly exacerbates the volatility and polarization of the market.
In order to solve the problem of China's lack of growth, we need to start from the perspective of wealth distribution. First of all, we need to strengthen the supervision of listed companies to ensure that they issue and trade shares in accordance with the principles of fairness, impartiality and transparency. Second, we need to guide investors to establish a correct investment philosophy, improve risk awareness, and avoid blindly following the herd. In addition, we can also guide the flow of capital to the real economy through tax policies and other means, so as to promote the healthy development of the economy.
The main reason for China's failure to rise is the unreasonable distribution of wealth. Only by strengthening supervision, guiding investors to establish a correct investment philosophy, and promoting the flow of capital to the real economy can we truly solve the problems existing in China and realize the healthy development of the market.
In this process, we also need to pay attention to cultivating talents in the capital market and improve the international competitiveness of China's capital market. Only by having a high-quality capital market talent team can we promote the leapfrog development of China's capital market and make greater contributions to economic prosperity and people's well-being.