Since China's ** fell into the stock market crash in August this year, although the management has introduced a series of favorable measures to save the market, it has not expected that the A-shares, which are difficult to change their Xi, have committed the disease again, and various moth incidents have continued, and cases of financial fraud, illegal **, quantitative trading, insider trading, and illegal ** borrowing and financing have occurred frequently.
In this case, many benefits have been completely offset by negative impacts, and the stimulus policies are not worth mentioning compared with the bad impact caused by illegal crimes.
The current A shares do not say that they will return to 3,000 points, and I am afraid that 2,900 points will be difficult to hold, and it is very likely that they will continue to find the bottom. Because once it falls below 2900, there will be more panic selling, resulting in the financing plate having to be forced to liquidate and leave, forming a stampede, and finally making ** go to the next level.
The author believes that judging from the current situation, if the management is not determined to make changes, A-shares will follow in the footsteps of the property market in the future and eventually fall into a long-term downturn in the bear market.
Looking back on the development of China's real estate for more than 20 years, everyone can see that from the soaring housing prices at the beginning, to the inflow of all social hot money into the property market, until the whole country shows a national housing boom. At that time, seeing the soaring housing prices, the people were worried that if they didn't buy a house now, they would no longer be able to afford a house in the future, so they poured out their pockets, "6 wallets" to make a down payment, take out a loan to buy a house, and hurriedly joined the army of house buyers.
The hot real estate market is like a gold-absorbing monster, attracting funds from all walks of life into the property market. Seeing that real estate money is coming so quickly, the real economy can't sit still, and central enterprises, state-owned enterprises, and private enterprises have joined the army of real estate speculation. For a time, real estate became the most profitable industry in China.
In December 2016, the management has realized that there is a problem with real estate, so it put forward the concept of "housing not speculation", however, this move has been difficult to curb the runaway housing prices, until August 2020, seeing that the housing prices of the whole country have reached the ceiling, the "three red lines" of ** are late. At this point, China's real estate bubble has reached the point where it is difficult to recover, and finally came to an end.
Now I have learned the hard way, and it is too late to regret everything!If the "three red lines" had been decisively introduced as early as 5 years ago in 2017 or 2018 to curb the soaring housing prices in time and take the initiative to puncture the property market bubble, then the current outcome would not have occurred. China's economy will not suffer the huge losses caused by real estate** and the difficult recovery it will endure after the bursting of the bubble. If you look at the current house prices, they have basically fallen back to 5 or even 10 years ago.
Now we are experiencing the pain after the bursting of the property bubble, and China's real estate this round of time for space bubble squeeze process, for the Chinese economy and ordinary people, is undoubtedly a very difficult and difficult process.
The current status quo is like the property market, but it has gone to two extremes. Driven by the bubble in the property market, housing prices have come to the ceiling, and A-shares have reached the point of no return under the influence of many problems.
Now the problem is obvious, ** for all kinds of benefits are so "immune", this is not a good phenomenon, indicating that there is a big problem in the whole city system, otherwise it would not be so.
If the management is still indifferent to the current extremely abnormal phenomenon and allows it to develop, the final result will inevitably be the same as that of real estateIt can be said that they have the same goal. There is no doubt that the property market plays an irreplaceable and important role in stimulating domestic demand and investment and financing.
At present, the two important engines of economic growth have been shut down, which will have an extremely adverse impact on China's economic recovery. However, it is not too late to make amends, and it is still too late to take timely remedial measures.
To sum up, how to take effective measures to completely solve the core problem of inhibiting the majority of investors and restore the confidence of investors, including foreign investors in A-shares?It is a top priority that needs to be addressed urgently in front of the management.