A frequent recent stock slump,UGG boots, the public debate about the stock market is also frequently published in the paper side. In this should be noted that the stock market short-term ups and downs are normal, the government role should not be the frequent rescue, supply and demand structure is distorted in the context of financial helplessness choice. However, this can easily cause the stock market development pitfalls, and the emphasis on quantitative indicators of the stock market, while ignoring the development of content. For example, China and other governments around the world, but that does not mean that the financial markets in these four countries more developed than in Europe and the United States, but rather that this is a developing economy of financing the development of bond markets.
Also, the stock market should try to avoid responsibility for the functions of the national strategy. As for the public open market, the stock market run first to prevent damage to public interests, in the process, too much emphasis on the stock market to complete the national strategic intent is not consistent with the principles of modern capital market development. The most typical is that, relying on the stock market consolidation and restructuring of state-owned enterprises strategic objectives, is more harm than good. Objectively speaking, the state-owned enterprises themselves have special advantages in resources, and difficult to clarify with the intrinsic relationship between the state-owned enterprises through the stock market behavior of the allocation of resources, tend to undermine the long-term interests of the public and the government has always been difficult to get rid of
In addition, it is difficult to play the stock market to increase the residents of serious polarization in wealth, social weak income growth in lower case, in order to increase the spending power of low-income persons. The history of stock market development from the States, the stock market are difficult to play such a function. As the basis of differences in property, risk tolerance different capacities, information asymmetry and other factors, the market rules of the game has never been developed for the low-income persons. Generally speaking, the stock market's and the Government should through the protection of small investors, to avoid excessive distortion of this effect. Therefore,UGG boots cheap, relying on the stock market to a general increase in property income of the general public,Discount UGG boots, but the welfare of low-income levels and spending power, in addition to increasing their disposable income, but also two-pronged approach, namely, the effective increase in government social security expenditures, and the innovative ability to expand the consumption of financial instruments, such as consumer credit. < br> It should be said, to promote the healthy development of the stock market, the Government should focus on two aspects of the concept, one flow and exchange of financial resources to improve efficiency,bailey UGG boots, and second, to avoid weakening the wealth of the On the one hand deal with illegal behavior in the stock market really be punished. In addition to addressing the problem now is too low violation cost, but also enhance the effectiveness of the implementation rules, no matter how perfect the laws and regulations, if not effectively implement and use, the regulatory effect is not will improve. On the other hand, the modern stock market is conducive to running more and more listed companies, major shareholders, institutional investors, if the government does not to be bound by the stock market for equity and efficiency will be greatly reduced. particularly in the country, because information is not symmetric difference between conditions in the stock market rising stage, small and medium investors in the game only get less benefits, and in the stock market decline phase, medium and small investors will suffer even greater losses. so again, the wealth from the stock market will become a low-level continuously redistributed to the upper tool, which does not comply with the principle of harmonious social development. Therefore, the establishment of the principle of protection of small investors, but also the top priority of the Chinese stock market.
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