China'S Stock Market Needs Stability Most.

The A share market has seen a long lost bull market since July last year, and has continued to date since 2015. The Shanghai Composite Index has hit a new high in the past 7 years.

A record high.

The continuous strengthening of the market has aroused the concern of regulators.

During the recent "two sessions" held by the central bank, Zhou Xiaochuan, governor of the central bank, said that capital inflow into the stock market also supported the real economy, because most of the listed companies were industrial enterprises.

The SFC held a regular press conference on Friday (20), and the spokesman, Deng Ge, responded to questions about the current stock market.

In response, the spokesman said, judging from the market.

From the beginning of March 19th to the March 19th, Shanghai Composite Index and Shenzhen Composite Index rose 10.75% and 29.16% respectively, and more than 90% stocks rose.

Stocks rose more than blue chips, the SME board index rose 35.02%, the gem index rose 48.39%, while the Shanghai and Shenzhen 300 index rose 8.66%, the Shanghai composite index 180 rose 5.99%, and the Shanghai Composite Index rose 1.89%.

New industries such as information services, sports and entertainment industries are among the top industries, and traditional industries such as finance, mining and real estate are rising.

The spokesman further explained that the recent stock market rise is a recognition of the market's "bottom up" and "controllable financial risks" for economic growth. It is also a comprehensive reflection of many factors, such as comprehensively deepening reform, ample market liquidity, downward interest rate on capital, and improving the profitability of listed companies in small and medium enterprises, and has its inevitability and rationality.

The smooth and healthy development of the stock market in the future is of great significance for enhancing confidence in economic development, expanding the scale of direct financing and accelerating the pformation and upgrading of the economy.

Of course, under the current downward pressure of the economy is still large, some listed companies have higher valuations and more leveraged funds, investors still need to pay attention to market risks, and there should be no so-called "better buy wrong or miss" idea, not to be misled by selling stocks in the market, borrowing money and stocks, and blindly following the trend.

We should bear in mind that there are risks in entering the market, we need to be cautious in investing, rationally invest and do what we can.

At the same time, we should continue to strengthen market supervision, earnestly maintain the normal order of the market, and crack down on illegal activities such as market manipulation and market manipulation, and safeguard the legitimate rights and interests of investors.

From the governor of the central bank and

According to the press spokesman's statement, regulators like to see the strength of the A share market, which is both "supporting the real economy" and "having its inevitability and rationality".

From the perspective of various hairstyles, the policy level will continue to cooperate, and various measures for deepening reform are introduced, and a moderately relaxed liquidity is created to create an atmosphere for strengthening the stock market.

It is worth noting that in response to the concerns of the market, the SFC spokesman also revealed that the securities and Futures Commission recently conducted face-to-face exchanges with MSCI, FTSE two index companies and some international institutional investors to further deepen mutual understanding and fully communicate the rules and technologies involved in the A share index, and achieved good results.

Next, the SFC will further improve the system of qualified foreign investors (QFII) with the relevant departments, optimize the Shanghai and Hong Kong links, study the launch of Shenzhen Hong Kong Tong, actively resolve the technical details related to the entry and index of international institutional investors, provide more convenience for international investors to invest in the A share market, and will continue to actively communicate with international institutions to promote A shares into the international benchmark index.

From this perspective, the A share market is expected to be included in the global index range in the middle of this year, and related work is being actively promoted.

If such a landing is expected, it will undoubtedly be very beneficial to maintain the bull market atmosphere in the A share market.