Policy of the city to become a real cloud shadow

 City looked the shadow of the market
policy of a real cloud
Zhang Lidong
 from small to large leaps and bounds, can be optimistic about China's stock market has made two decades, centuries after other countries have the scale, can be optimistic about any of this market growth and scale of things.
However, in addition to growth and size, this market is becoming more and more have become very good or perfect?
obviously not.
not be optimistic about the fact that a it has evolved into a huge cloud, enveloped in the neighborhood of all market participants.
A stock market is not an abstract impression of the policy, is a real presence. Recently, various anomalies in China A share market performance, troubled years of the policy of the city the shadow does not go away, on the contrary, it is more closed and more permeable to the way in around us, let us see, but intangible, like rallying and fatigue.
us seen in the market, the policy is expected to influence the market in all, it can even influence the market beyond the first option mm liquidity.
two powerful forces in this role, the economic fundamentals, the company's performance factors have become a window-dressing when needed, off when they do not cover shoe accessories.
we see more than two months, one policy is expected, actually, the real estate market macroeconomic policy is expected, and the policy is expected in view of the industry, in the paradoxical state, is repeatedly used, and, a knife worth a knife, target straight stock.
tight monetary policy of wide debate, possession of property tax outcrop tail, hanging in the stock market have become the head, sword ready to fall. If the policy of the city's original intention was to hit the market in some unreasonable factors, now it has completely sour, on behalf of all the factors of the stock market suffered inexplicable fall, in a second policy is expected to again and again under the guidance of the collapse.
is designed to regulate market speculation against unfair market policies, has turned out to be weighed on the market itself, causing the source of irrational fluctuations. derived information and benefit those who are to take advantage of the uncertainties of the information in the stock market crash in the short index futures to profit, or through the rumors to the stock market boom in the stock market hit the jackpot.
ordinary investors can not I believe, we can not accept China's economic growth rate in the world when completed, the stock market has performed so badly. in a good performance, good prospects for the stock market hit by the time voting with their feet, it is difficult to pursue rational investment, value investing is believed that market efficiency and the mechanism is healthy. In this market, do not see the value of the investment in promoting the rational, some large speculative heartfelt thoughts to make quick money.
This is the reality of A-share market .
We acknowledge that the transition in the emerging and turn under the general heading, differ from China's capital market to other markets in the world, due to institutional, cultural and other reasons, China's prestige in the market management and control of other countries catch up, but also because of this, the Government's words and actions will affect hundreds of millions of people in the investment decision-making, and the accident will cause a slight hesitation, the market turmoil than the huge wealth has shrunk and the people.
we can not avoid a suppressed by the amount of industry to the impact of the overall market, but they can make a policy intervention is expected to stabilize, and resolute. is also the only way that this market can be stable, healthy, and there is hope.