Can The Daily Limit Protect Millions Of Investors?

The design of the trading limit system was designed to protect the interests of shareholders and prevent the stock from skyrocketing and plummeting.

The trading limit of China's stock market is that when the stock reaches a limit or a limit, pactions can still be carried out, but only on the ceiling and floor.

There is no limit to the trading of stocks in the US, but there is a fusing mechanism, that is, when the fluctuation reaches a certain proportion, it can suspend trading for a few hours, and there is no so-called "T+1" statement. It can also be sold on the same day.

These two have their advantages and disadvantages. For China's stock market, the implementation of the trading limit system and the T+1 rules do have the function of preventing investors from being hot headed, but the main drawback is that investors can not give vent to a certain trend at a time, so they will vent for several consecutive trading days, and there will be continuous trading or limit down.

Although the US stock has the function of disposable catharsis, it can easily lead to huge losses or sudden gains to sharpen investors' irrational emotions.

Especially since the IPO was marketed in 2009,

It has become the norm, and the listed companies have issued low price to shareholders or executives. This unfair phenomenon has made money almost the only purpose.

But why is the high price issue going to be recognized by the market? An important reason is that a large number of shareholders have a speculative mentality, which is amplified by the two tier market's trading system.

Since the money is so easy, why should the listed companies pay more attention to their businesses? This has led to the fact that the listed companies are rich enough to speculate around the stock market and not to do their jobs. Even the left-handed money is left behind. The chaos of the "financial management" of the right hand means that the funds raised are not used for projects, and the way out can only be random investment or financial management.

If there is no limit to the limit, the shareholders of these companies will probably be cut off like the Hon energy boss, but less speculative.

Recently, Chinese investors are increasingly involved in the speculation of Hong Kong stocks.

The Hong Kong stock market has not set up the limit of the daily limit.

For example, the most famous is hina film. In May this year, 20 Hin film was cut by 46.95%, and the wealth of Li River was reduced by HK $114 billion 700 million (about 91 billion 800 million yuan) in half an hour.

The digital kingdom of Hong Kong stock will be cut off in two days in June 3rd and 4th.

Seeing such turbulence, there is

Just think, fortunately, we have the protection system of the daily limit, otherwise we will become a rich man in the morning and become a poor man in the afternoon.

But does Zhang tie plate really protect shareholders?

Judging from this round of stock market crash, Zhang tie board also failed to protect shareholders' assets from being cut off, and many stocks continued to down, and they would soon be cut off.

Statistics show that after the 15 trading days after June 12th, the stock price of 427 stocks has been cut off, and 954 stocks have fallen by 40% to 50%.

This is just an example. How many shareholders have lost more than 50% of their assets after the stock market crash? Compared with the market without the limit of limit,

And the time of the crash is only a little longer, but for the limit, it is almost a long pain, but no limit is almost short.

Some makers take advantage of the mentality of shareholders, or continue to squeeze, or attract more shipments.

Not only did it not curb speculation, it encouraged speculation, resulting in a unilateral market share market.

More importantly, once China is listed, there will be no money making.

The shares are divided into restricted shares and tradable shares, literally allowing shareholders and executives to do things for the company, but in fact it has led to this situation: because the existence of the restricted part will create a situation that "the thing is scarce and expensive", and the selling price can be several times higher than the original stock price when it is sold.

The system is designed as a form of existence of small shareholders in the form of circulation. Large shareholders exist in the form of non circulation. What is the company's concern about stock price fluctuations? This is the reason why companies and stocks have two skins. People have reason to doubt whether the so-called stock is a painting cake, even if the company is "dog shit", so long as the listing can turn into "rocking Qian Shu", is there any correlation between stock market and industry?

More importantly, we do not have mandatory dividend sharing measures, and there is no burden. Moreover, capital stock has no fixed date and no need to return. There is neither repayment nor profit sharing, and no interest payments exist. So who is unwilling to go public? After being on the market, it can refinance, distribute shares at high price or issue additional money, continue to make money, and become a perpetual motion machine that keeps collecting money.