There are many problems with A-shares, which we all know, for example, the implementation of the registration system before the regulatory system of mature Western countries has been established, which is the biggest drawback. As a result, there is some chaos, dazzling to see, you think it is already outrageous, but there is even more outrageous waiting for you.
Yesterday, Shanghai also issued an announcement on the promotion of QFLP, the significance is self-evident, that is, to continue to introduce foreign investment, expand the intensity of financial opening, Xinhuanet issued a document, a "financial opening hoof is steady" is enough to explain the attitude of the village. The promotion of the RMB Cross-border Payment System (CIPS) abroad, the facilitation of foreign exchange receipts and payments, and the significant simplification of foreign exchange receipts and payments documents and business processes are all for this purpose. But if a market is sick, it will not only scare foreign capital away, but also make people laugh.
So with a little patience, step by step, the village has begun to deal with all kinds of chaos in the **.
The Beijing Supervision Bureau of the State Administration of Financial Supervision issued a document: stop and standardize the financial behavior of "pseudo-innovation" and "side-ball" in a timely manner.
What is the content? One is to focus on the "key things" that affect financial stability, the "key people" who cause major financial risks, and the "key behaviors" that undermine market order. What is financial stability? Now in the position of A-shares, it is obvious that the low stock price is stable, because if it falls further, it may indeed cause systemic risks.
What follows is strict law enforcement, daring to show the sword, and constantly enhancing the professionalism, authority and transparency of supervision. To tell the truth, the current regulatory authorities have no sense of existence, inquiring and condemning all day long, as if they are afraid of offending listed companies by saying heavy words, and the maximum fine is only 1.5 million, which really lacks the majesty that the regulatory authorities should have.
Finally, it is necessary to focus on substantive risks such as shareholder equity and related party transactions, increase the intensity of inspection and inspection, penetrate and identify and accurately crack down on all kinds of hidden, cross-cutting and related risks, and promptly stop and regulate the "pseudo-innovation" and "side-kicking" behaviors suspected of arbitrage in the name of innovation, resolutely punish illegal crimes and corruption, and strictly prevent "running with disease".
It's a bit of a pity, it's still not strict enough. The behavior of "pseudo-innovation" and "side-kicking" only gave a "stop" result. Is this an illegal act? That is, it is not strong to rub outside? Isn't that appropriate?
However, there is one thing that everyone must know, such a large market is not easy to manage, and it takes time. One thing we have been emphasizing is that the introduction of policies cannot be changed overnight, especially in the financial field, prudence is the best quality of maturity.
Of course, the short-term pain remains, but judging by today's market performance, the panic has almost been released.
Today, the 2024 People's Bank of China Shanghai Headquarters Work Conference was held, what is the main topic of such an important meeting? At present, according to public information, there are three key points:
In 2024, it is necessary to maintain the steady growth of the scale of monetary credit and social financing;
Strengthen risk monitoring in key areas, and steadily promote institutional risk resolution;
Continue to expand the scale of oil and gas ** RMB settlement.
There is no doubt that 2024 will be a year of monetary easing, and the main concern at the moment is how big this degree is, whether it is loose or tight compared to expectations, but it is a sure thing that the economic situation will improve in 2024.
What are the risks in the focus area? At the moment, there is only real estate. This is also something that can't be helped, and it can be resolved and cherished, but real estate has fallen no further.
Another is to continue digging into the corners of the dollar.
In this situation, what assets you hold is not the most important thing.
There is a saying on the flowers, people, they must always be trapped by one thing. It's not **, it's a house, and there's a woman. I'll change it a little here.,People.,Always have to hold something.,It's not **,It's a house.,And women.。 Most importantly, you can't leave two hands empty.