Viewing Chinese stock market from the view of financial overrun

When the international financial speculators left, they took away the untold wealth of China, Russia, Iceland and the United States, but left a bleak picture of the world's devastation and business on the verge of collapse.　　--Lang-ping "financial overrun war" This is the best of times, this is the worst of times. In a modern and peaceful society, few of US associate finance with war. Professor Lang, who has never been so amazingly dead, this time let both come together, and very responsibly told everyone, "this is really an unusual war, it is more than the traditional limit of the war, called financial overrun war." "For the traditional war of bullets dripping, the fire is flying, we will be very deep impression through the television movies, but for the financial war, there is no smoke, also see the enemy, and since the second half of last year, the subprime crisis has evolved into a financial crisis, and then into the economic crisis, or even penetrate the real economy, affected by this, Global stock markets fell sharply, countless enterprises collapsed, century after the World War II, the most serious vocabulary market in the newspapers ...　　So many, seems to let us experience the financial overrun war brutal and cruel. The analysis of the background and causes of the financial overrun war has undoubtedly become the most popular topic nowadays. Many academics believe that Mr Greenspan should be held accountable for the crisis, as the housing market bubble that led the Fed to maintain low interest rates for a long time has been a danger to the crisis.　　Professor Lang Ping, a prominent economist, thinks there is a deeper reason behind this. In the view of Professor Lang, the financial overrun war was actually launched by international financial speculators, by acquiring pricing power, the next "pockets" have been set by a series of flawed macroeconomic policies in developed and emerging market countries over the past 8 years, and then two governments, businesses and consumers have been waiting to enter their pockets.　　In this way, the principle of supply and demand that we understood in the past has become vulnerable to the distortions of international financial speculators, and in the end, the forced rescue of the US government has made the international financial speculators more and more successful. The history of such a rare crisis, it seems so simple to explain, but its impact can not be belittled. In the economic globalization of China, nature is also the target of international financial speculators, in this financial overrun war, some people laugh cry, how to deal with, especially the Chinese shareholders how to deal with?　　Professor Lang has been hailed as "the spokesperson for Small and medium-sized shareholders", so for how to look forward to the stock market this year, Professor Lang Ping also has his own views. Many people think that the 2006 and 2007 Great Bull market is a reform of the birth, Professor Lang does not see, he felt that the determinants of China's stock market is two yuan economy, that is, occupy the total economy of 70% of the private economy dominated the development of the stock market.　　In 2009, the development of China's stock market depends on two factors: first, whether the problem can be completely solved, but 4 trillion investment plan can help two yuan economy of private economy. Of course, the two questions raised by Professor Lang do not necessarily point to the whole problem, but at least some of the core issues. BigThe minor question has been accompanying the Chinese stock market The magic Spell, its impact on the market, is everywhere. 2008 we saw the power of the size of the volume, 2009, lifted into the highest peak, but also will continue, this year lifted from the scale of four times times more than last year, from the market value of up to 3.3 trillion, almost a a-share, capital face such pressure, nature can not be belittled. But in another respect, in the case of Premier Wen Jiabao's serious concern about the stock market, the pressure of large and non reduction is actually very small, on the contrary, Haitong Securities, investment securities and other lifting stocks out of the people's surprise rise. This change in the color of the shareholders to talk about the same, in 2009, it seems not so terrible.　　But as Professor Lang Ping said, China's stock market to real development, the problem of the non-tradable must be solved. In addition is the national 4 trillion economic stimulus plan. We can clearly see that since the announcement of the plan, A shares have continued to rebound, the Shanghai Composite Index has surpassed the success of 2,400 points. But the effect of 4 trillion on the real economy, we are not yet clear, only from Premier Wen Jiabao's recent statement that the real economy does show some signs of recovery, but the follow-up still face challenges and difficulties.　　Even so, we still can not ignore the Prime Minister's confidence, the market has long been rumored, after 4 trillion there is a back-up economic stimulus plan, and the introduction of the plan will certainly have a better effect on the economy, and the stock market is naturally optimistic. While Professor Lang-ping, the most core of the private economy, seems to be facing a series of positive in the near future. March 31, 2009, the China Securities Regulatory Commission issued the Gem IPO management method, passed 10 years of pioneering the big screen officially opened.　　This market is mainly small and medium-sized enterprises, and this is mostly private economy, which is a good solution to its financing problem is a big positive, the promotion of China's economy is of course also the meaning of the problem. Of course, Professor Lang finally told everyone better not to copy the bottom. In fact, when international financial super control dominates pricing power and controls the world today, where do we know where the bottom is?　　(燕青/Wen) ("financial overrun" Lang Ping/Oriental publishing House March 2009 First edition, Price: 28.00 yuan)