The ultimate purpose of the existence of the stock market is to provide financing channels for the country, so that enterprises can obtain the funds needed for development and support the development of enterprises; At the same time, let social idle funds find investment channels. In fact, the stock market is just a platform, or a market, a market for buying and selling the prospects of enterprises.
The difference is that the United States has standardized, financing is really for the development of enterprises, and the guarantee of investment buying is to share dividends from the profits of enterprises, which is regulated by law. The domestic stock market is subject to government policies and has a strong purpose, although it is the inevitable evolution of the general direction. However, in the distribution of interest groups, domestic retail investors are absolutely weak. Pure food.
The compensation mechanism of full circulation policy takes advantage of the lag of retail investors' understanding of the policy and cannot form a joint force. Becoming the most successful "enclosure movement" in New China. Non-tradable shareholders directly put the money of tradable shareholders into their own pockets. Complete the explosion of capital accumulation