The Stock Market Structure Is Facing Great Changes.

Before the two sessions, the relevant financial officials were confident that the strategic emerging industries board would be full, and that they would be launched soon. However, as the two sessions ended, the board was deleted in the "13th Five-Year plan", which means that in the next five years, there is no such story as strategic emerging board.

Remember? A few years ago, the international exchange board put forward by the Shanghai Stock Exchange became a key word in the market. At that time, "the grain and grass were ready, only the east wind" was at the stage. As a result, "Dongfeng" did not care about it. If it was not accepted by the Shanghai Stock Exchange, it would put forward this board again. If not, it would have been tossing for several years. Now the volume of Shanghai stock market is obviously lower than that of Shenzhen. This has already explained the problem.

Since the registration system has been postponed to the strategic emerging board without restriction, it is obvious that this is a strategic transformation of the stock market, and there is a sense of overcoming it. There is a saying: no matter what it is, break the word and stand in it. The two strategic layout has been shelved, which is unprecedented. This brings new expectations to the market. But after all, it is only "breaking". What is not done is relatively simple. The key is to "establish". What is next is the most difficult and the most worth looking forward to.

In fact, for new SFC As for the chairman, the most difficult problem to solve is to pull out the N trillions of bailout funds that were smashed into the market last year, which is a real problem for management. At present, the Shanghai stock index's annual line is around 3600, which is almost the same as the average holding cost of the rescue fund. If the volume of funds is large, even if the market returns to 3600 points, it will not be able to deliver goods. That is to say, only when the market is pulled up to 4000 points or even higher, can the whole market go back and forth in the long market skipping market, which requires stock game, registration system and strategy. Emerging board They are incremental and do not help shipments, so stopping these increments to make the market return to the stock game is perhaps the main task at present. This understanding will not be surprising to this great move.

This is the stock market. Strategic change This means incremental reprieve, and then we can only work on existing stock. What is the biggest positive advantage of the market? I think the biggest advantage is that the huge rescue funds are caught up, and the position is about 3600, which is almost the annual line of the Shanghai Composite Index. It can be believed that in the not too distant future, this part of the funds will be unlocked or even profitable. This is a direct reason why the market will go up in the future.

The registration system has been postponed, and the strategic emerging board has been suspended. This means that the result of organizing a large wave of efforts for these systems is in vain. More than 10 years ago, the Shenzhen Stock Exchange organized a group of people to prepare for the construction of the gem, but it took 8 years to build one. The small and medium sized boards were introduced. By the time the gem was officially launched in 2009, it had lost its temper. 8 years ago, the Shanghai Stock Exchange also made great efforts for the international board. Three years ago, the SFC had made great efforts in the registration system, and the Shanghai Stock Exchange had spent a lot of labor, material and financial resources on the strategic emerging board. At last, all of them spent a lot of manpower, material resources and financial resources.