The Lujiazui Forum has already begun to be publicly reported and publicized on the Internet, and the vast number of investors across the country are looking forward to releasing some substantial and really good news at the Lujiazui Forum, so that China's lifeless stock market can raise its eyebrows and breathe a sigh of relief.
Since July 24 last year, the central government released an active capital market to boost investor confidence, including the Ministry of Security, the Ministry of Public Security, the National Development and Reform Commission, the Ministry of Industry and Information Technology, and many other ministries and commissions have been constantly releasing all kinds of positives.
From last year to this year, what is most fresh in investors' memory is the intensive release of positive and concentrated A-share smashing. The most memorable thing for investors is that on February 5, 2024, A-shares fell all the way to a five-year low of 2,635 points, which was shocking, disappointing, and sad. The reason is that from the central authorities to the State Council to various ministries and commissions, they have gone all out to grasp the investment market.
This time, the Lujiazui Forum has once again reappeared this kind of loss. The state of hope makes people sad again.
On the first day of the Lujiazui Forum today, after Wu Qing's keynote speech, the three major indexes of the Shanghai Composite Index, the Shenzhen Component Index and the Growth Enterprise Market all fell and closed in the green.
3,624 stocks in the two cities fell, 1,631 stocks rose, and the trading volume of the two cities was 708.8 billion, a decrease of 30.7 billion from yesterday. The net outflow of the main force was 20.3 billion.
The main force took the lead and did not buy it, the majority of investors did not buy it, and the trading situation of the three major exchanges did not buy it. The social response and impact of the forum are clear at a glance.
What does it mean? It shows that most of the initiatives announced by the forum are still repeated in old words, and there are too few substantive things.
At present, the most strongly reflected problems on the Internet, the main contradictions, have not been replied to the public. For example, in the pure short-selling securities lending and refinancing business, the stock index futures business has not been put forward as a focus and practical measures have been proposed. With the current pure bear market characteristics of China's stock market, is it necessary to continue to engage in a large and comprehensive short-selling mechanism?
Although quantitative trading high-frequency trading has been mentioned, it is basically the same as in the past. Practice is the only criterion for testing the truth, and whether the policy meets the public's expectations or not, the stock market's reflection is clear at a glance. It is hoped that respecting the market and investors can indeed overcome some specific difficulties and come up with some tangible and substantive measures in order to be welcomed and supported by the market and investors.