At this stage, the most pitiful group in China is probably the shareholders and the people. Everyone really can't understand that India next door is obviously inferior to China in all aspects, and it is often ridiculed in China's ** circles. This weekend, there was a very novel and poignant incident, that is, a large group of shareholders and basic people who couldn't stand the loss went to the official Weibo of the US Embassy in China to vent their bitterness, and some of them were quite radical. Most of the messages below the U.S. Embassy in China were incomplete. This weekend, shareholders did not go to the United States, but envied the United States' gratifying growth, and complained that the big A was too face-to-face and too pit. 
As I said before, I myself lightly participate in (win or lose) big A in order to feel the social reality, because there are a lot of falsehoods in this world, but real gold ** usually does not deceive people. And the big A is a trading market built by China's huge stock market with real money. Based on my feelings, I think that Chinese investors and basic citizens are probably a special case in the world capital market. Because they constitute the largest group in the world, they have taken out real money to support most of the sky in China's financial market. The so-called **, the biggest feature is scattered. This ** group, in a macro sense, constitutes a very active trading market, full of vitality and extremely high trading frequency. This ** group, in the eyes of some crocodiles (as for who the crocodiles are, everyone can understand it if you think about it a little), is a paradise for mischief. Because ** is a straggler, you can't fight a swarm of crocodiles. This is also the reason why I never expect to make money in **, not because I am high, but because I am self-aware. This ** group is not essentially leek leaves, behind each **, there is a family, which is related to the vitality and consumption potential of the whole society. 
Some high-profile experts believe that ** people are too greedy, deserve to lose, gamble too hard, and are willing to gamble and lose. That doesn't sound like anything wrong; However, if the social and economic fundamentals are good (at least that's what the authorities say), it is obviously not normal for most of the participants to lose money. So what to do? Everyone understands the truth, the most basic one, since it is an investment-based market, it should be investor-oriented. It is emphasized here that the essence of investor-oriented is not to make all investors make money, at least not to make most investors lose money. From this point of view, it is urgent for Big A to protect investors and protect **. As for the specific methods, it is nothing more than a few points: 1. Supervision in place 2. Don't issue new shares so frequently 3. Suppress crocodiles from making waves 4. If none of the above can be done, you can transfer the men's football team to the helm, so that the ** people are desperate to say that the title is India, then talk about India. As we all know, as one of the five permanent tubing, India has taken over a lot of global village jokes. But in terms of protection, India is definitely real, and India is also constantly hitting new highs. India's overall strength is not as good as China's, and its economy is far inferior to China's. In the past few decades, India's economy has not developed as well as China's. In terms of industrial structure, India is also inferior to China. In terms of business, Indians are not as reliable as the Chinese. In terms of hardship and hard work, Indians are also inferior to Chinese. 
So why can India** rise better than China**? It started in 2001 (at that time, India's index was more than 3,000 points, and the big A was more than 2,000 points at the same time). At that time, India was very difficult, and India** was facing serious settlement risks and liquidity problems. To address the dilemma, the Indian Exchange Commission (SEBI) has been forced to introduce a series of reforms. India's reforms are usually very across. For example, the reform of the military industry, for example, the reform of the engineering field, the reform of agriculture, and so on, are not very ideal. However, India's financial reform has ushered in an unprecedented bull market in India, which is now more than 70,000 points. So what are the reform tricks of India? India's first reform move, protection** (T+0 transactions), restriction of institutions (T+3 transactions). *You can trade on T+0, that is, you can buy and sell at any time**, not limited by the trading day, you can grasp the opportunities of the market in time, and you can also stop loss or take profit in time. At the same time, you can also use the shorting mechanism to participate in both directions of the market, and you can also make money in a bearish situation. - In short, use **to increase**vitality。Institutional T+3 transactions, that is, after **, the delivery can be completed on the third working day. This means that institutions cannot buy and sell frequently**, nor can they manipulate the market at will, and it becomes more difficult to cut leeks. As a result, institutions need to make more prudent and rational investment decisions, and pay more attention to the fundamentals and long-term value of the market, rather than chasing the rise and fall in the short term. - In short, use the mechanism to stabilize the fundamentals。India's system is certainly not perfect, and it seems to be unfair to institutions; However, it greatly reduces the probability of being cut by the institution. After all, compared to professional institutions, it is like a straggler facing a professional army. Giving certain advantages at the transaction level is actually conducive to the long-term healthy development of India. The second move of India's ** reform, the delisting of listed companies, requires the repurchase of all financing shares. In Big A, the success of the listing is like a fish leaping into the dragon's door, even if it is delisted in the future, it is the company that is bankrupt, but the shareholders make a lot of money. Unlike India, listed companies must buy back all the shares used to raise funds if they fail to operate and delist. This is like a sword of Damocles hanging in the air, putting an end to the behavior of the management to maliciously hollow out the listed company. The third measure of India's reform is to crack down on financial fraud. In the capital market, confidence is the best, and the most afraid of fraud is the most. Financial fraud of listed companies is an unforgivable act of dishonesty at any time and in any place. Because ** does not have the ability to conduct field research, once you step on the mine, there will be no recovery. However, in some places, the penalties for financial fraud are seriously insufficient, resulting in some listed companies being unscrupulous. In the market that loses credit, institutions will also chase up and down like **. India has cracked down on financial fraud, especially the behavior of some key personnel releasing fake news to cash out at a high level, so as to maintain the healthy development of India. 
Of course, every country is different, and India's rules may not be suitable for all countries. But through India's financial reforms, it can be proved that as long as you make up your mind, you can still do well.