Interpreting the Chinese Stock Market and Discussing with Wu Jinglian and Others on Economic Rights

Author: Li Zhilin
Publisher:
Publish Date: 2002-12-01
Features: Since early 2001, when Mr. Wu Jinglian first proposed the "casino theory," "popping the bubble theory," "" ( - "" means "everyone trading stocks") theory, "slow deflation theory," "stock market decline is unrelated to the economy theory," and later theories such as "reforming according to international standards," "high-priced state-owned share disposal," "starting over," and "high-priced large-scale issuance," the Chinese stock market experienced a deep 40% adjustment. Should the Chinese stock market emphasize "national conditions"? Where are the successes and failures in the policy regulation of the Chinese stock market? What policies need to be adjusted for the Chinese stock market to transition from a "bear" to a "bull"? What is the largest flaw of the Chinese stock market? In the "first part" of this book, the author reinterprets the emerging stage of the Chinese stock market using a wealth of undeniable facts and philosophical reasoning, debates and refutes the aforementioned viewpoints, conducts dialectical analysis, and proposes many unique and profound insights and suggestions, some of which have been adopted by the management. Meanwhile, in the "second part" of the book, facing the restructured Chinese stock market, the author reveals the hidden "secrets" of the market, such as interest redistribution, the unique "difficulty in unwinding positions" of index distortion, one-sided rising markets and "going down," as well as countermeasures for small and medium-sized investors. The author also proposes the "superior warfare" strategy, philosophy, rhythm, and methods for becoming a winner in the Chinese stock market, such as the "winter sowing" theory, "acupuncture" theory, 30-point winning algorithm, and "seven buys, seven no buys," which are highly practical.