三高折射中国股市信心与人气（The three high reflects the confidence and sentiment of Chinas stock market）.docVIP

三高折射中国股市信心与人气（The three high reflects the confidence and sentiment of Chinas stock market） The three high reflects the confidence and sentiment of Chinas stock market The phenomenon is conducive to the rapid expansion of Chinas stock market Dong dengxin, director of the financial securities institute of wuhan university of science and technology The author thinks that: three highs phenomenon is the Chinese stock market confidence, some gas and heat proof, the existence of this phenomenon, is not necessarily a bad thing, at least it is good for small and medium-sized board and gem at the beginning of the start stage of rapid expansion, it to the real economy, especially the great development of private enterprises will be played, especially under the condition of liquidity and the rate, through the IPO can be hot or hot money into the real economy, so as to alleviate the excessive market speculation, and waste forms. Now, however, there are still some one-sided, arbitrarily will three highs phenomenon as absolute bad thing, and it is directly to blame for the ipo system marketization reform, they simply think that radical, as long as Chinas stock market send umpire system implements the american-style registration system, abolish the authorization, can solve the three highs phenomenon. They even insist that the marketization should be a step in the right way, or that it is pseudo marketization. It is clear that the substance of this view is anti-market, and that they are ostensibly pro-market and are, in fact, an extremely irresponsible extremist proposition. As we all know, whether industrialization, urbanization or marketization, there must be a process. How can the market be in place? Is the registration system suitable for the current situation of Chinese stock market? In fact, the IPO system marketization reform, is to make the primary market to the town, among them, the most core content is the marketization of IPO pricing with the pace of the IPO market, obvio