concentration of contradictions and problems venues
1, the stock markets without resources optimization allocation function and only degradation function. Profit can’t become market soul, competition can’t become dominant mechanism, elements cannot be integrated object, in resource allocation patchy, combination and integration three ways, only to be integrated chemical changes, just have produced the connotation of the quality improvement and ascension of the original, but the Chinese stock market allocation of resources, mostly is patchy, at best, only rarely is the combination of the enterprise only integration.
2, the market’s become national economy reverse index. The market for, the shareholder in bleeding without tears, wealth in unnecessarily erosion in. Since 2001, China’s national economy with average annual growth rate of more than 9 percent, and the stock market but global leading to average annual 18% of the speed on pharmacies, market lost weatherglass function.
Three, the stock markets become contradictions accumulation and constantly outbreaks of place, the MBT Sirima market not only didn’t play optimize resource allocation of positive function and positive role in China’s economy, instead become concentration of contradictions and problems venues and flash points and listed companies between big shareholder medium and small shareholders, the company management and decision-making and market, market between the regulators and investors the game between emerged increasingly the white-hot trend, the market exist administrative evaluation and market evaluation mercurial evaluation system, administrative evaluation dominant and replaced the market evaluation.
4, China’s economic development efforts cannot through equity investment, the most convenient and most effective way to let market and investors, the development of the stock market share showed no its inherent is wealth effect, small investors become a jolting the lamb of god.
5, China’s shares of China’s MBT Sport enterprises, no appearance of the highest profits in China’s economy in succession to get listed overseas large enterprises, foreign and overseas investors become China’s reform and development achievements which have the most immediate and most of the major beneficiaries, China faces investor only. This situation plus for four years and a half long, makes the big bear market of China people become the most innocent victims, China’s listed companies to become the most adventurous enterprise, China’s stock market is becoming the “stage” gobble up money.