Wu Qing, chairman of the China Securities Supervision and Administration Commission, said at the economic theme press conference held at the Second Session of the 14th National People's Congress that once the market is seriously separated from the fundamentals, irrational and violent shocks, liquidity exhaustion, market panic, confidence, confidence, confidenceExtreme situations such as serious lack, the shot should be decisive to correct the market failure.
This reminder reminds people of a allusion.Once, the famous doctor Bian Yan came to the Wei State. King Wei Wen knew that Bian Yan had two brothers, so he asked him: The three brothers of your family are all practicing medicine. Whose medicine is the highest?After thinking about it a little, Bian Yan replied: Brother's medical skills are the highest, the second brother is the second, and mine is the worst.King Wei Wen was confused after hearing, and let Bian Yan explain the reason.
Bian Yan said: The reason why my elder brother's medical skills are the best because he can cure the disease before the patient's disease, so he has never had any reputation; the second brother foundHeal and then cured the disease, so people thought he could only treat some small diseases; when I was looking for a doctor, I had a serious condition when I was looking for a doctor. I helped them cure the disease and became more fame.After listening to King Wei Wen, he suddenly became cheerful.
Treatment of illness or minor illness should be remembered by more people.However, the fact is that those who are remembered are those who are treating major diseases, rather than treating minor illnesses, especially those who are not sick, which is indeed very abnormal.It is this abnormal phenomenon that many doctors are willing to treat small doctors who treat major diseases and traditional Chinese medicine for treating minor illnesses, rather than a big doctor who has not cured the disease.If anyone wants to be a doctoral doctor who is not sick, he will be laughed, questioned by patients, or even reprimand.
This is the same to apply this allusion to the Chinese capital market.When Wu Qing believes that the market has an irrational shock and other phenomena, it is time to take a decisive shot. In some people, they will definitely be considered to be all soldiers.In fact, this is a great doctor, at least a trip to TCM.If you can take measures before the shock, it can be used to curb the possible vibration phenomenon, so as to avoid losing the interests of investors, it is a big doctor.In the early days of the market, decisive measures were taken to curb the spread of shocks, which is also a good choice.If you don't care about it, let it be severely shocked, and then take measures to control the market and stabilize the market, you may be remembered, but you can only be considered a small doctor or even a medium doctor.
From the perspective of the development of the Chinese capital market in recent years, there are many times of shocks.Some shocks can actually not occur or have a small impact.However, the regulatory agency did not take timely measures to clear the root cause of the shock, let alone find the cause of the may occur, so that a more serious shock occurred, and it also caused great harm to investors.
As everyone knows, China's capital market has never lack of "famous doctors" firefighters. What is missing is the "unknown" doctor.For example, shouting a few slogans coincided with the rise of the stock market, it became a celebrity and enjoyed the various interests brought by the "fame".Those who have always emphasized the interests of investors, standardized the behavior of listed companies, improved the quality of listed companies, and restricted major shareholders 'shareholders' cash withdrawal behavior, because the stock market is always at a tepid downturn, so it is not only difficult to become famous, evenIt will be considered empty.It is precisely these "empty words" that are the most needed and most important in the Chinese stock market.
What Wu Qing said today can be said to be rough and not rough. China's capital market really needs some real measures, and it is necessary to say "no" to the inappropriate behavior of the market.If you continue to maintain the existing regulatory method, slow, Lehaha, and silly, you really can't see hope.The capital market in China has reached the time when he needs to treat unsatisfactory diseases and treat minor illnesses, rather than always doing the "dream" of small healing diseases.
Wu Qing can bring expectations and hope to investors because of the "kill" gas on him, hate the bad behavior of the market.If such "killing" gas can be effectively passed on to the market, and "no" to all bad behaviors, it will naturally effectively enhance investor confidence.On the contrary, those listed companies and intermediary agencies, speculators with bad stains and adverse attempts will be panicked and dare not do anything wrong.Naturally, for small and medium investors, it is the gospel.
Therefore, sincerely hope that Wu Qing can become the "big doctor" of China's capital market, and can cure more market diseases, corporate diseases, and market "seeing people", and then through more severe supervision, cureThe market is not sick.If so, China's capital market will truly enter the healthy and orderly development track, and China's investor confidence will be fully recovered and promoted. China's stock market can also step forward on the new track, like other countries, like other countries, like other countriesThe stock market has a record high.
The author is a Chinese financial commentator
