Strengthening The Attractiveness Of Investment In The Stock Market Has Become A Major Task.

The 3500 point was once considered an insurmountable chasm. Now, with the rapid rise of the stock market, 3500 points have been trampled underfoot. Recently, A shares once again refreshed the recent high position, once again hit a new high in the past seven years.

Back in July last year, the stock market was still hovering near the 2000 point, and the market appeared to be empty. However, almost no one could have imagined that the bull market was gradually formed at the time of the market's woes. Up to now, A shares have risen by more than 70%, far beyond the expectations of the market at that time.

Up to now, the total market capitalization of the A share market has reached 43 trillion, while the market value of circulation has reached 36 trillion. As for the gem, its total market value has soared to 3 trillion and 300 billion, and has set a record.

In fact, Stock market quotation Behind the continued strength, some data in the market have also been reflected. Among them, the scale of the two market business has seen explosive growth. Up to now, the scale of the two financial businesses has reached 1 trillion and 360 billion. In the same period last year, the scale of the two financial businesses in the stock market was only about 400 billion. At the same time, the huge increase in the stock market's new accounts has brought a lot of new liquidity support to the market. Among them, 9 to 13 March this year, two new stock accounts for 721 thousand and 500 households, a significant increase of 8.9%. The number of accounts opened in the first two weeks of March also reached 1 million 384 thousand and 200, which surpassed the level of the whole month in February. In addition, the return of new capital in the early market has helped the stock market a lot. According to statistics, about 3 trillion of the funds frozen in the previous round of new shares freeze. At this point, with the gradual withdrawal of new funds, the rise of the stock market will also be further released.

However, the author believes that the above factors are only the direct reasons for the recent stock market soaring. The fundamental reason is that management's attitude towards the stock market has changed significantly.

It is undeniable that although the A share has a history of more than 20 years, it is inseparable from the fate of "policy city". Careful investors can find that in the past three months, the stock market also fluctuated significantly with the change of management position.

In December last year, management gradually spread the attitude of deleveraging of the stock market. Since then, the stock market has entered a pattern of high lateral shocks. However, after the Spring Festival this year, management's attitude towards the stock market has changed significantly. During the same period, the trend of the stock market was also significantly boosted. It is worth noting that in the middle and late 4 of this year, the first batch of brokers will open two financial accounts for 3 months, and the deadline will expire. The market will also be relieved of the deleveraging pressure, which will also bring a better driving force for the market. It can be seen that policy With the environment and market environment improving, the stock market also has the reason of high innovation.

The author believes that under the background of the great transformation of the domestic economy, the old way of relying on past investment to promote the economy has been unable to go through. Therefore, in the new era, only by exploring a feasible road can we accelerate the pace of economic transformation in China.

Relying on real estate to stimulate the economy has been considered the only way out. It is undeniable that the real estate industry involves dozens of industries and the development of hundreds of sub sectors. Vigorously developing the real estate industry may also effectively speed up the process of "de capacity" of some industries in China. However, vigorously developing the real estate industry will inevitably lead to a kind of result, that is, social contradictions will become increasingly obvious, and the gap between the rich and the poor will become bigger and bigger. So far, for the government, the real estate industry is probably the best.

The stock market was once a long neglected. Investment place 。 Obviously, because of the early establishment of the stock market, it has been entrusted with the mission of rescuing state-owned enterprises, and has gradually become a tool for mad money. But today, management has gradually emphasized the impact of the stock market on the economy. At the same time, in recent years, management has also reached a new level of care for the stock market.

It is true that stock market oriented direct financing channels have not been developed reasonably for a long time, while indirect financing channels mainly based on bank loans have long occupied more than half of the total social financing. In this regard, if the direct financing function of the stock market is brought into full play, it is expected to reduce the pressure of the high social financing pressure. Among them, the registration system is an important measure to enhance the direct financing ability of the stock market. With the decline of the entry threshold of stock market, a large number of enterprises that need financing urgently are expected to obtain corresponding financing needs in the stock market. Obviously, registration system is the most market-oriented issuing system, but at the same time, it will also hurt the attractiveness of the stock market. At this point, before the registration system is fully rolled out, the investment and financing functions of the stock market will be greatly improved, and the investment attraction of the stock market should be strengthened.

In the past eight months, we have seen that the attractiveness of the investment in the stock market is gradually improving, and this also confirms the true portrayal of the future management focus on developing the stock market. The author believes that the stock market has reached a new high of nearly seven years, indicating that management has attached great importance to the impact of the stock market. Therefore, only in the environment of stock market slow down, we can gradually increase the proportion of direct financing of the stock market, so that we can give full play to the real effect of the stock market helping the real economy.