Category: Money tips Release Date: 2007-06-17
Editing statement: this article published in the gold line does not mean that agree with the statement or description, just to provide more information and does not constitute any investment or other recommendations. Anyone with common sense knows that the securities, the Shanghai index at 100 points and 10,000 points, the secondary market, total assets of shareholders is unchanged, that is, the total amount of the stock. However, this simple truth is that so many people have a misunderstanding, which includes the so-called economists and senior officials of the Commission, I wish to elaborate on this issue in mind:
No. 1: The stock represents the equity holders of the company's ownership of the assets, its value and the company's value is only relevant. Shares in the secondary market can only be transferred can not be honored, so a stock, whether Chaodao 10 yuan or 100 yuan will not change its value, but with figures.
Second: For example, China's GDP is 13 trillion yuan, if overnight, we will double the price, and then to calculate the current price of our GDP, then our GDP would become a 26 trillion yuan, using mathematical methods to determine, our GDP has doubled overnight, in fact every adult knows, we have total assets have not changed.
No. 3: When the Shanghai index rose to 100 points, 10000 points, from a numbers game, holding the stock of people making money, but it is only a numbers game because the 10,000 points you can not take profits, when the Most investors want to sell the stock at this point and when the Shanghai Composite Index fell again from the 10,000 points, 100 points.
Index Change can not create wealth, you will not lose wealth, it's just an interest redistribution process. Change between the index and stock several times in hand, the stock transfer between some people's money to another part of the person's pocket.
A bailout is to give two ebb and flow of the market to create a band, that is, the interests of a redistribution process.
I June 14, 2001, after the market see the highest point of 2245 to the present, a total of more than four years to analyze the decline in government bailouts to whom the money is loaded into the pockets of whom, we now look back on what has happened will be very clear.
10-year bull market, after several rounds of bubbling, the Shanghai index to 2245 points, this time, it seems that all of the investors are making profits. The main banker is smart, they do not want to make their capital account is only a numbers game, they need profits, but shares in the secondary market can not be honored, profits must be transferred to the object, the majority of medium and small retail investors into the of their choice. To do more in the intense atmosphere, part of the small blind then the retail disc, and as the main force of the ship, take stock gradually becoming low, medium and small retail investors are not stupid, when they realized that broader market may have peaked, and will no longer to buy stocks. With the turnover were sharply reduced, the main dealer is no longer shipped, when they do not possess the right to speak to management pressure, asked the Government to save the city, forced pressure on them, we the SFC will be On stage, and in our preparations for departure when the small retail. Majority of medium and small retail investors were good, they trust the government, in the government position, the despair, the heart have hope, they once again reached the stock market, and the main dealer will take the chance to ship stock index rebounded slightly later in the beginning of the Xiongtu long, medium and small retail investors once again became a hold-up a family, with the index's continued to fall, small and medium retail again, despair, the main dealer in the ship again in times of difficulties, yesterday staged the story again. In this way, in cooperation with the Government, the major bookmakers smooth shipment and smooth to make money, small and medium retail from despair to hope, from hope to despair, from despair to hope, but change in mood between the money from their own pocket to the main dealer's pocket.
Take a look at what it has done more than four years of our SFC bar! State-owned shares pause, pause, and then pause, financing pause, pause, and then pause, lower stamp duty, State 9, the Commission official's remarks, and then the speech, and so, let us look at the impact on the secondary market, bar! Not a so-called bailout is successful, it simply will not be successful, or that there is no so-called success, because it is in addition to the redistribution of interests that, what could not change. If anyone thinks that the interests of redistribution is successful, then he needs to learn the "Three Represents" important thought.
There are many listed companies, China's stock market with the making bubbling is an open secret, and our Commission is also doing the same thing, if only affect a company listed companies, and some shareholders, then we the SFC is more lethal large, it affects the entire market, and hurt the majority of small retail investors.
SFC! Shot should be careful ah!
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