a**fieldIn recent years, the performance has been sluggish, and it has to rely on pulling up every dayHeavyweight stocksto maintain the good performance of the index. Sometimes, in order to maintain the bullish trend of the index, it is even necessary to conduct auction operations at the end of the market, and use limited funds to pull upHeavyweight stocks。However, such a remedy will not be able to solve the problem fundamentally after all, once the index is stoppeda**fieldIt's like a toddler who has just learned to walk, and if you're not careful, you will fall. a**fieldThe stability of the country depends entirely on remedial measures, and sooner or later the way in which such management and operation is carried out will need to change.
To better understand the problem, let's start with some data. In recent years,a**fieldThe amount of financing is in the trillions, and the amount of ** and cash out is also in the trillions, and the tax and commission income is also huge. Moreover, even ifDividendsand are also often ex-rights, while selling theseThere will also be a high dividend tax. In addition, we can note that in recent years on the marketMost go downhill quickly after the peak. Many companies are mediocre or even existProfitsProblems of loss and fraud. For decades,a**fieldMore than 5,000 companies are listed, but few can be called world-class companies. Reflect on it, since there are no such companies in the market, then what is the basis for the stock prices of these companies?If this is the case for the vast majority of companies in the market, then the overall market will inevitably be affected, which is alsoa**fieldAn intrinsic reason for high volatility.
In addition to internal problems, external factors are also righta**fieldCaused serious distress. Problems such as ineffective management, lax supervision and penalties, imperfect and unfair rules and regulations have seriously affected the normal operation of the market. If we can't solve these problems, we should pay more attention to market quality and fair competition, and formulate effective measures to improve market rulesa**fieldIt will still be bound to the fate of the relief and trust index, and it will be difficult to get out of the weak pattern.
1. Improve market quality and standardize market order
In order to get rid of the fate of relying on relief and relying on the index, it is first necessary to improve the quality of the market and standardize the market order. This means strengthening the financial review and supervision of listed companies to ensure the authenticity and legitimacy of their operations. At the same time, strict rules for market manipulation should be established to severely punish acts of market manipulation and the dissemination of false information, so as to improve the transparency and fairness of the market.
2. Improve the quality and governance structure of listed companies
For changea**fieldFor the quality problems of listed companies, it is necessary to strengthen the supervision and regulation of enterprises, and encourage enterprises to improve their own governance structure and management level. Strengthen the strengthening of listed companies by improving corporate regulations and regulationsBoard of Directorssupervision and restraint to enhance the company's governance efficiency. In addition, more internationalization needs to be introducedInvestmentsand capital to enhance the competitiveness and attractiveness of the market.
3. Improve the market mechanism and financial system
a**fieldThe current problems are not only internal, but also related tofinancial systemIt is related to the imperfection of the market mechanism. Therefore, it needs to be refinedFinanceRegulatory system, raisedFinanceInstitutional regulatory capacity, preventionFinanceRisk. At the same time, it is necessary to reform the trading system, promote the improvement of market-oriented pricing and trading mechanisms, and increase the marketLiquidityand encourage more innovative enterprises to enter the market.
a**fieldThe dilemma is not a one-day effort, and solving the problem also requires a long-term process of effort. Although there are various problems in the market at present, we must believe that as long as we strengthen supervision, improve the system, and improve the market mechanism, we will be able to gradually get rid of the fate of relying on relief and trust indexes. In this process, ** regulators, listed companies,Investmentsand other parties should work together to achieve thisa**fieldHealthy development and long-term prosperity.
In general,a**fieldTo get out of the crisis, we need to start from both internal and external aspects. Internally, it is necessary to improve the quality of the market and improve the governance structure of listed companies, and externally, it is necessary to improve the regulatory system and market mechanism. It can only be achieved if we work togethera**fieldThe healthy development of letInvestmentsfor more stable and sustainable returns.