Guo Shiliang: "Gambling Is Enough" Creates The Craziness Of China'S Stock Market.

This November is indeed a memorable month for China's stock market.

Take the Shanghai Composite Index as an example, the cumulative increase in the market reached 10.85% in that month.

In the last week of November, the stock market rose by 7.88%.

At the same time, the daily turnover of the stock market has also reached a record high.

Just last Friday, the Shanghai and Shenzhen stock markets reached a daily turnover of 710 billion 400 million yuan, which is close to 3% of the current market value.

It is worth mentioning that with the rapid growth of the index, the scale of margin trading in the market has also reached a new high.

Among them, according to the latest data, the current market margin margin has reached 820 billion yuan.

In the same period last year, the scale of margin trading in the two cities was also less than 340 billion yuan.

In addition, stock allocation has also become popular due to the rise of the stock market.

Among them, many P2P companies have been involved in funding activities and brought more than 10 times leverage to investors.

Thus, in the process of rising stock market, with the increase of market leverage, on the one hand, it will further enhance the market's enthusiasm for speculation, on the other hand, it will gradually expose the excessive speculative risk of the market.

Obviously, from the perspective of investors, taking advantage of the rare strong market and leveraging tools, we hope to achieve the dream of making a fortune overnight.

On the contrary, from the perspective of institutions and P2P companies, it relies on increasingly frenzied market conditions, substantially increasing leverage, attracting investors to participate in the game of stock market games and obtaining high paction costs.

"Gamble" is a long-standing phenomenon in China's stock market.

In the excessive speculative market atmosphere, it has finally created a large number of stock market gamblers.

In fact, throughout the stock market in China, there are not many people who can really earn money over the years.

Of course, in a small number of winners, the case of relying on gambling to achieve substantial appreciation of personal wealth is extremely rare.

For those who possess information superiority and capital advantage, they are undoubtedly the biggest winners.

The biggest background of Buffett's myth of prosperity is its healthy and mature market operation mechanism.

In addition to its unique investment vision, it has benefited from the long-term performance of the slow bull market.

On the contrary, in China's stock market, there is no healthy mature market operation mechanism; secondly, the stock market's long-term performance is worrisome, the long-term trend is rising or falling much; thirdly, because of the extremely low cost of the market violation, and with the help of various information capital advantages or the large number of people who make huge profits by issuing and listing, it breaks the normal operation order of the market.

Therefore, for

To get from the Chinese stock market,

It's just two common ways, that is, homeopathic operation and fast forward and fast operation.

"Going retail" is the only way for China's stock market.

Because of this, the stock market in the future is unlikely to rise or fall.

More often than not, it is very likely that there will be "earning an index but not making money".

In this regard, in essence, it has further weakened the ordinary shareholders' homeopathic operation 'making room for money.

Take this wave of market as an example.

Since the low point has risen to 30% of the space, stock performance shows a serious trend of differentiation.

Among them, the rise in retail share dominated by retail investors lagged behind the same period in the market.

In addition, relying on fast forward and quick operation is essentially an excessive speculation.

However, because the weak position of ordinary investors is obvious, it is also impossible to get the only profit space by means of short-term operation.

Therefore, the author Guo Shiliang believes that "gambling is enough" has created the craze of China's stock market.

However, the excessive "gambling" of the stock market can not be attributed to the investors in the stock market, but because the Chinese stock market itself lacks the soil of value investment, and the market is also keen to advance the overdraft of the future stock market in advance.

At this point, under the over speculative market environment, even if management repeatedly emphasizes the function of stock market value investment, it can not stop the enthusiasm of frying funds.

Indeed, this is the true portrayal of China's stock market.