The A Share Market Is A Characteristic Market.

We all think that the A share market is a bad child, and that this kind of bad is not caused by itself, and everyone wants to go along with the "bad" to make money, including listed companies, including institutions, including those who have awakened.

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Bad children naturally need to be disciplined. Although this bad child is very promising for the country, it helps the country solve many problems, help the state-owned enterprises out of difficulty and help the state-owned enterprises grow bigger and stronger.

Last year, the sharp rise and fall of A shares made the government break its brains and even put the bad children's reputation on the table.

"Not letting bad children get into trouble" has become the first goal of regulation.

In order not to let bad children stir up trouble, adults usually do what they do. The safest thing to do is to lock their children in their homes, close the windows, and keep them on the first floor.

Is it horrible? If regulators do this bad job for A shares, let's think about the consequences. What will happen to the child? Is there any other possibility besides being stupid and stupid?

Sadly, we seem to see this happening in A shares.

Do not dare to see A shares rose sharply (stir up trouble), that the rise may have a sharp fall, it seems that the lower the index, the smaller the risk of falling.

It seems to be trying to trap A in a narrow space.

This strange behavior stems from the "lower" index.

The smaller the cognition is, and this is a common market perception, but I can certainly say that this is not only foolishness but also a disaster to the people.

You can put children on the first floor, but what are you going to close the A shares on? What are you going to close the 30 floor? 25 floor? 35 floor? 40 floor? Which floor do you think is tall and which floor is low? How do you judge it? Is your judgement reasonable? Is your function to judge the stock market's height? Do you think the 35 floor will fall down, and the 25 floor will fall down without death? Common sense tells us that the above 10 floors are falling down and dying. Are you going to strangle A shares below 10 floors?

I know it is very difficult to eliminate this cognition, but I hope you will realize the danger of this cognition, especially the regulatory authorities. For this reason, I would like to make ten suggestions to the regulatory authorities.

1, do not judge whether the index is high or low, but do well the risk prevention system once fall, ensure that the bottom line of systemic risk does not occur.

2, systemically sort out the possible risk of stampede, and make a plan for possible trampling.

3, establish a quick response mechanism for rumor and crack down on rumor makers.

4, make timely disclosure of information that may lead to rumors, such as financing scale and risk assessment data, without giving the rumor an opportunity.

5, we should tighten up our efforts to crack down on market manipulation, especially for some non quantitative arbitrage institutions, such as futures and spot.

6, we must be careful and disciplined about the major policies that may affect the stock market (Greenspan's way is worth learning).

7, speed up the pace of stock market system, return to responsibilities, supervise and return to China (with less Chinese characteristics).

8, pay more attention to the Institutional Guidance of investors' structure and raise the appropriate management of investors to the height of the system.

9, pay little attention to investor education and tolerate the proper education of investors in the market.

10, comb the possibility and path of stock market risk pmission to the banking system, and make relevant plans well.

Because it was too long ago to write for half a year, it's too bad to think about it. Now think about it. If you had written it, then you would take the advice to go to the front of the SFC to go naked. But if such a Z disaster will not happen, then running naked is just a joke. Ha, history can not be assumed, so we should live better now and plan for the future, can't we?