• 微博
  • 微信微信二维码

广东省人民政府首页  >  要闻动态  >  广东要闻

盘古智库多维度探讨股市暴跌

来源: 南方日报网络版     时间: 2019年06月16日 09:05:35
【字体:

彩云娱乐登录平台直属招商客服QQ【7915✶171】诚招代理龙虎和龙虎1赔2.211合1赔9.95,定位胆1赔9.95腾讯5,10分欢乐生肖,最高返水100反9快,最高赔率,正规信誉大平台平台24h提供注册及登录。盘古智库多维度探讨股市暴跌

温网-穆古鲁扎胜巴辛斯基 生涯首进大满贯四强 森林狼2年合同续约加内特 官方宣布状元秀加盟 温网-莎娃苦战三盘胜范德维格 进四强或遇小威 永不停止的概念火车:未来高铁不停站可上下乘客 王毅:伊核协议未决问题开始形成一揽子解决思路 黑龙江伊春广告语“所谓伊人她也叫春”引热议 党史上第一次!中央党的群团工作会议在京召开 财经观察:希腊公投过后欧盟进退维谷 海外收藏家曝1亿购美女画家王俊英10幅争议画作 曲折诞生之路:女人需要“伟哥”吗? 我国启动实施新增农村电网改造升级近千亿元投资项目 湖南衡阳一临街门店爆炸续:当地严查安全隐患 深圳海关三名工作人员“抱团腐败”被公诉 马来西亚著名反对党领袖安瓦尔入院接受治疗 揭秘:毛新宇如何传承革命领袖家风?

(  【导)(读)(】自)(6月)(15日)(以)(来)(,短)(短)(15个)(交)(易)(日)(,上)(证)(指)(数)(暴)(跌)(28.64%,深)(成)(指)(与)(创)(业)(板)(指)(更)(是)(同)(期)(暴)(跌)(达)(33.73%与)(40%。管)(理)(层)(8天)(内)(连)(续)(下)(发)(了)(20道)(金)(牌)(救)(市)(,并)(且)(在)(上)(周)(末)(打)(出)(救)(市)(组)(合)(拳)(,不)(仅)(一)(行)(三)(会)(、证)(券)(公)(司)(、基)(金)(与)(上)(市)(公)(司)(共)(同)(力)(挺)(市)(场)(,国)(务)(院)(更)(是)(高)(度)(重)(视)(出)(大)(招)(救)(市)(,暂)(停)(IPO发)(行)(。如)(此)(多)(的)(利)(好)(为)(什)(么)(在)(周)(一)(反)(而)(遭)(遇)(了)(仅)(沪)(指)(和)(大)(盘)(股)(上)(涨)(,近)(七)(成)(个)(股)(下)(跌)(的)(尴)(尬)(呢)(?为)(此)(7月)(6日)(盘)(古)(智)(库)(就)(当)(前)(股)(市)(暴)(跌)(组)(织)(了)(一)(场)(内)(部)(研)(讨)(会)(,探)(讨)(了)(为)(何)(会)(出)(现)(如)(此)(大)(幅)(度)(的)(暴)(跌)(,以)(及)(政)(府)(救)(市)(该)(怎)(么)(做)(。
  一)(、估)(值)(不)(合)(理)(是)(下)(跌)(存)(在)(客)(观)(基)(础)(,股)(民)(教)(育)(急)(需)(加)(强)(。
  趋)(利)(、盲)(动)(、缺)(乏)(经)(济)(常)(识)(是)(中)(国)(股)(民)(的)(普)(遍)(特)(点)(,也)(正)(是)(因)(为)(这)(些)(特)(点)(让)(股)(票)(下)(跌)(之)(后)(恐)(慌)(情)(绪)(快)(速)(的)(传)(递)(蔓)(延)(,加)(剧)(了)(下)(跌)(。那)(么)(股)(市)(大)(幅)(下)(调)(合)(理)(与)(否)(,客)(观)(的)(讲)(,前)(一)(段)(时)(间)(当)(随)(便)(一)(个)(人)(买)(股)(票)(都)(可)(以)(轻)(易)(挣)(钱)(是)(不)(符)(合)(经)(济)(客)(观)(规)(律)(也)(是)(不)(正)(常)(的)(,市)(盈)(率)(100以)(上)(的)(股)(票)(高)(呼)(要)(长)(期)(保)(持)(上)(涨)(时)(也)(是)(不)(正)(常)(的)(。因)(此)(在)(大)(盘)(回)(落)(至)(3700点)(之)(时)(,我)(们)(也)(无)(需)(过)(分)(悲)(观)(,因)(为)(现)(在)(如)(果)(剔)(除)(大)(盘)(权)(重)(股)(,与)(5200点)(时)(相)(比)(大)(部)(分)(股)(票)(价)(格)(已)(经)(腰)(斩)(,基)(本)(相)(对)(于)(2000多)(点)(的)(水)(平)(,将)(为)(下)(一)(轮)(回)(调)(打)(下)(了)(基)(础)(。同)(时)(,这)(种)(涨)(跌)(是)(中)(国)(经)(济)(现)(代)(化)(必)(然)(要)(经)(历)(的)(过)(程)(,中)(国)(股)(民)(需)(要)(接)(受)(市)(场)(洗)(礼)(才)(能)(走)(向)(成)(熟)(,才)(能)(争)(取)(识)(别)(风)(险)(。
  二)(、融)(资)(盘)(疯)(狂)(爆)(仓)(助)(长)(下)(跌)(趋)(势)(,并)(形)(成)(连)(锁)(反)(应)(。
  “排)(查)(融)(资)(融)(券)(”“关)(掉)(恒)(生)(homs、停)(掉)(互)(联)(网)(融)(资)(平)(台)(”,这)(些)(举)(措)(引)(发)(的)(恐)(慌)(其)(结)(果)(是)(从)(创)(业)(板)(A股)(大)(跌)(到)(融)(资)(融)(券)(强)(制)(平)(仓)(,而)(后)(公)(募)(基)(金)(-上)(市)(公)(司)(,首)(先)(是)(消)(灭)(了)(1:5杠)(杆)(到)(1:4再)(到)(1:3和)(1:2,很)(多)(配)(资)(公)(司)(可)(能)(跑)(路)(,之)(所)(以)(国)(泰)(等)(券)(商)(担)(保)(金)(150%的)(方)(法)(来)(应)(对)(即)(将)(到)(来)(的)(融)(资)(融)(券)(平)(仓)(,融)(资)(融)(券)(之)(后)(,从)(全)(年)(12月)(份)(起)(涌)(入)(资)(本)(市)(场)(2万)(亿)(公)(募)(基)(金)(也)(可)(能)(受)(到)(波)(及)(,公)(募)(基)(金)(之)(外)(的)(另)(一)(个)(问)(题)(:很)(多)(上)(市)(公)(司)(自)(己)(做)(员)(工)(持)(股)(计)(划)(、定)(增)(快)(要)(到)(限)(了)(,而)(时)(是)(按)(照)(1:3的)(杠)(杆)(做)(的)(,一)(旦)(被)(平)(仓)(对)(于)(上)(市)(公)(司)(的)(打)(击)(将)(是)(巨)(大)(的)(。如)(果)(二)(级)(市)(场)(爆)(仓)(,会)(导)(致)(大)(量)(一)(级)(市)(场)(投)(入)(的)(项)(目)(退)(出)(,这)(种)(风)(暴)(会)(进)(一)(步)(波)(及)(新)(三)(板)(。
  三)(、互)(联)(网)(时)(代)(加)(速)(信)(息)(传)(播)(,政)(府)(舆)(论)(引)(导)(滞)(后)(,危)(机)(公)(关)(能)(力)(不)(足)(。
  与)(07年)(相)(比)(,我)(们)(所)(处)(的)(环)(境)(发)(生)(了)(改)(变)(,随)(着)(信)(息)(化)(技)(术)(变)(革)(时)(代)(的)(到)(来)(,在)(07年)(一)(个)(利)(好)(消)(息)(可)(能)(需)(要)(几)(个)(月)(才)(能)(到)(大)(妈)(的)(耳)(朵)(里)(,而)(现)(在)(这)(个)(过)(程)(可)(能)(只)(需)(要)(1秒)(钟)(,甚)(至)(有)(人)(戏)(称)(这)(次)(牛)(市)(是)(机)(构)(跟)(着)(大)(妈)(的)(脚)(步)(入)(场)(,信)(息)(传)(递)(的)(速)(度)(已)(经)(超)(乎)(想)(象)(,因)(此)(危)(机)(来)(临)(时)(市)(场)(反)(应)(会)(比)(7年)(前)(来)(的)(跟)(快)(更)(猛)(。与)(之)(相)(对)(的)(是)(:我)(们)(工)(作)(协)(调)(机)(制)(还)(是)(停)(留)(在)(1.0版)(本)(,尤)(其)(是)(在)(面)(对)(突)(发)(情)(况)(时)(,对)(突)(发)(情)(况)(的)(判)(断)(,对)(于)(问)(题)(原)(因)(的)(分)(析)(,决)(策)(的)(传)(达)(实)(施)(,危)(机)(公)(关)(、舆)(论)(引)(导)(等)(方)(面)(从)(效)(果)(上)(来)(看)(都)(不)(甚)(理)(想)(,在)(于)(应)(该)(立)(足)(于)(移)(动)(互)(联)(网)(时)(代)(,需)(要)(我)(们)(对)(于)(应)(对)(的)(预)(案)(进)(行)(重)(新)(的)(审)(视)(。
  四)(、中)(国)(金)(融)(监)(管)(机)(构)(机)(制)(相)(对)(落)(后)(,人)(才)(储)(备)(不)(足)(。
  如)(果)(回)(首)(美)(国)(金)(融)(史)(,我)(们)(不)(难)(发)(现)(:美)(国)(的)(金)(融)(“旋)(转)(门)(”现)(象)(是)(导)(致)(其)(金)(融)(监)(管)(真)(空)(、金)(融)(危)(机)(应)(对)(失)(当)(的)(重)(要)(原)(因)(,也)(是)(其)(金)(融)(危)(机)(产)(生)(和)(恶)(化)(的)(重)(要)(制)(度)(性)(因)(素)(。(“旋)(转)(门)(”,指)(的)(是)(个)(人)(在)(公)(共)(部)(门)(和)(私)(人)(部)(门)(之)(间)(双)(向)(转)(换)(角)(色)(、穿)(梭)(交)(叉)(为)(利)(益)(集)(团)(牟)(利)(的)(机)(制)()。美)(国)(金)(融)(“旋)(转)(门)(”促)(使)(监)(管)(者)(与)(被)(监)(管)(者)(形)(成)(利)(益)(共)(同)(体)(,导)(致)(“监)(管)(俘)(获)(”,使)(监)(管)(者)(偏)(离)(作)(为)(公)(共)(利)(益)(的)(代)(理)(人)(所)(应)(秉)(持)(的)(立)(场)(,甚)(至)(出)(现)(共)(谋)(勾)(结)(的)(状)(况)(,使)(金)(融)(监)(管)(无)(法)(实)(现)(保)(护)(投)(资)(者)(和)(消)(费)(者)(利)(益)(、维)(护)(金)(融)(稳)(定)(的)(目)(的)(。同)(时)(,利)(益)(共)(同)(体)(在)(面)(对)(危)(机)(时)(更)(多)(的)(只)(是)(片)(面)(强)(调)(技)(术)(性)(因)(素)(或)(鼓)(吹)(阴)(谋)(论)(,而)(刻)(意)(忽)(视)(在)(制)(度)(安)(排)(存)(在)(的)(根)(本)(性)(问)(题)(。近)(期)(中)(国)(股)(市)(的)(异)(常)(波)(动)(,是)(否)(也)(体)(现)(了)(一)(个)(利)(益)(共)(同)(体)(为)(了)(整)(个)(利)(益)(群)(体)(带)(来)(好)(处)(的)(“自)(留)(地)(”而)(去)(触)(犯)(众)(怒)(我)(们)(不)(得)(而)(知)(,但)(当)(前)(我)(们)(急)(需)(建)(立)(新)(的)(监)(管)(者)(选)(拔)(培)(养)(机)(制)(,有)(效)(打)(破)(监)(管)(者)(与)(被)(监)(管)(者)(利)(益)(高)(度)(趋)(同)(的)(格)(局)(,政)(府)(在)(任)(命)(高)(级)(监)(管)(官)(员)(时)(要)(尽)(量)(避)(免)(从)(业)(界)(产)(生)(的)(习)(惯)(思)(维)(,多)(从)(外)(部)(考)(虑)(引)(进)(顶)(尖)(的)(专)(业)(人)(才)(或)(从)(监)(管)(机)(构)(内)(部)(遴)(选)(德)(才)(兼)(备)(的)(人)(选)(,特)(殊)(岗)(位)(要)(用)(特)(殊)(的)(任)(用)(机)(制)(,同)(时)(在)(政)(策)(制)(定)(与)(决)(策)(过)(程)(中)(还)(需)(要)(更)(多)(引)(入)(各)(界)(智)(库)(的)(智)(力)(支)(持)(。
  五)(、信)(心)(丧)(失)(是)(救)(市)(无)(力)(的)(根)(本)(原)(因)(,目)(前)(救)(市)(比)(金)(钱)(更)(重)(要)(的)(是)(信)(心)(。
  中)(国)(股)(民)(和)(监)(管)(者)(没)(有)(经)(过)(类)(似)(美)(国)(87年)(的)(黑)(色)(星)(期)(五)(,90年)(沙)(漠)(风)(暴)(,90年)(代)(末)(的)(Internetbubble,2008年)(的)(股)(灾)(,因)(此)(要)(成)(熟)(还)(的)(有)(些)(年)(。其)(实)(目)(前)(最)(大)(的)(空)(头)(是)(几)(亿)(毫)(无)(投)(资)(经)(验)(,只)(有)(赌)(博)(心)(理)(的)(股)(民)(。政)(府)(略)(抬)(一)(点)(,亿)(万)(股)(民)(抛)(售)(。羊)(群)(效)(应)(严)(重)(。5000点)(大)(家)(都)(害)(怕)(落)(后)(,抢)(着)(进)(股)(市)(,3600点)(时)(反)(而)(抢)(着)(卖)(。希)(望)(政)(府)(救)(市)(的)(,都)(希)(望)(政)(府)(抬)(高)(股)(市)(,他)((她)()们)(好)(卖)(,这)(些)(人)(才)(是)(最)(大)(的)(空)(头)(。因)(此)(重)(要)(的)(是)(媒)(体)(要)(教)(育)(股)(民)(,而)(不)(是)(充)(满)(了)(演)(绎)(的)(阴)(谋)(论)(。没)(几)(个)(人)(能)(调)(动)(万)(亿)(资)(金)(玩)(空)(头)(的)(。中)(国)(人)(民)(币)(没)(有)(国)(际)(化)(,资)(金)(进)(出)(不)(易)(,因)(此)(外)(资)(做)(空)(的)(阴)(谋)(论)(是)(扯)(淡)(。阴)(谋)(论)(让)(股)(民)(有)(幻)(觉)(,政)(府)(为)(了)(和)(空)(头)(赢)(金)(融)(战)(,一)(定)(会)(救)(市)(。其)(实)(是)(希)(望)(救)(自)(己)(。当)(几)(亿)(毫)(无)(投)(资)(经)(验)(的)(人)(都)(可)(以)(通)(过)(上)(网)(一)(点)(就)(能)(买)(卖)(股)(票)(赌)(博)(时)(,大)(家)(的)(赌)(博)(心)(理)(是)(最)(大)(的)(空)(头)(。Greedyandfearofmillionsgamblersisthebiggest空)(头)(。希)(望)(这)(次)(股)(灾)(能)(提)(醒)(股)(民)(和)(监)(管)(者)(应)(对)(资)(本)(市)(场)(保)(持)(足)(够)(的)(敬)(畏)(和)(谨)(慎)(。
  六)(、应)(当)(加)(强)(多)(层)(次)(的)(资)(本)(市)(场)(建)(设)(,推)(进)(转)(板)(制)(。
  对)(于)(多)(层)(次)(资)(本)(市)(场)(体)(系)(而)(言)(,转)(板)(机)(制)(会)(使)(企)(业)(在)(其)(生)(命)(周)(期)(的)(不)(同)(阶)(段)(,在)(不)(同)(层)(次)(市)(场)(上)(挂)(牌)(,而)(不)(同)(市)(场)(的)(投)(资)(主)(体)(也)(会)(根)(据)(其)(特)(定)(的)(风)(险)(偏)(好)(,进)(行)(选)(择)(性)(投)(资)(,其)(效)(果)(就)(是)(多)(层)(次)(资)(本)(市)(场)(最)(终)(促)(进)(了)(跨)(市)(场)(间)(持)(续)(的)(资)(源)(优)(化)(配)(置)(和)(技)(术)(创)(新)(。升)(级)(转)(板)(可)(以)(扩)(大)(投)(资)(者)(基)(础)(,吸)(引)(机)(构)(投)(资)(者)(购)(买)(公)(司)(股)(份)(,对)(于)(提)(高)(股)(票)(流)(动)(量)(,引)(入)(合)(适)(的)(战)(略)(合)(作)(伙)(伴)(、优)(化)(股)(权)(结)(构)(等)(有)(很)(大)(帮)(助)(;降)(级)(退)(市)(则)(有)(利)(于)(保)(护)(市)(场)(信)(誉)(,培)(育)(市)(场)(竞)(争)(机)(制)(,坚)(持)(优)(胜)(劣)(汰)(,促)(进)(一)(级)(市)(场)(和)(二)(级)(市)(场)(协)(调)(健)(康)(发)(展)(。
  七)(、应)(当)(坚)(定)(推)(动)(资)(本)(市)(场)(与)(实)(体)(经)(济)(对)(接)(,让)(更)(多)(的)(资)(金)(进)(入)(实)(体)(经)(济)(。
  当)(前)(无)(风)(险)(利)(率)(大)(约)(在)(5%上)(下)(,我)(们)(的)(企)(业)(通)(过)(银)(行)(体)(系)(要)(获)(得)(一)(个)(高)(安)(全)(性)(的)(资)(金)(,它)(的)(成)(本)(非)(常)(高)(。同)(时)(,由)(于)(我)(们)(缺)(少)(一)(个)(很)(好)(吸)(收)(资)(本)(市)(场)(资)(金)(的)(产)(业)(生)(态)(,在)(我)(们)(当)(前)(扶)(持)(创)(新)(企)(业)(金)(融)(生)(态)(的)(背)(景)(下)(,金)(融)(资)(本)(转)(变)(为)(产)(业)(资)(本)(的)(创)(新)(能)(力)(是)(我)(们)(急)(缺)(的)(,造)(成)(了)(大)(量)(的)(资)(金)(去)(追)(概)(念)(、追)(消)(息)(,当)(消)(息)(无)(法)(落)(为)(现)(实)(的)(时)(候)(这)(种)(追)(的)(狂)(热)(又)(转)(化)(成)(为)(了)(恐)(慌)(。因)(此)(在)(经)(济)(下)(行)(的)(阶)(段)(,不)(单)(单)(靠)(货)(币)(政)(策)(来)(解)(决)(流)(动)(性)(问)(题)(,更)(重)(要)(的)(是)(要)(加)(强)(创)(新)(创)(业)(的)(顶)(层)(设)(计)(,尤)(其)(是)(构)(建)(良)(性)(的)(金)(融)(资)(本)(向)(产)(业)(资)(本)(的)(低)(成)(本)(通)(道)(。
  总)(的)(来)(说)(,首)(先)(股)(市)(下)(跌)(根)(本)(原)(因)(是)(上)(市)(公)(司)(估)(值)(过)(高)(,急)(跌)(是)(金)(融)(杠)(杆)(在)(作)(祟)(。因)(此)(,“救)(市)(”也)(需)(要)(利)(用)(金)(融)(杠)(杆)(原)(理)(,并)(强)(调)(注)(册)(制)(是)(改)(革)(牛)(的)(基)(础)(,证)(监)(会)(应)(该)(加)(快)(新)(三)(板)(、区)(域)(股)(权)(市)(场)(转)(板)(制)(度)(的)(改)(革)(速)(度)(,例)(如)(规)(定)(上)(市)(新)(三)(板)(满)(一)(年)(,过)(去)(三)(年)(利)(润)(达)(到)(1000万)(的)(可)(以)(转)(板)(,加)(快)(优)(质)(公)(司)(上)(市)(,摊)(平)(高)(企)(的)(市)(盈)(率)(。
  其)(次)(,系)(统)(性)(的)(金)(融)(风)(浪)(需)(要)(做)(大)(券)(商)(行)(业)(的)(大)(船)(!证)(监)(会)(开)(绿)(色)(通)(道)(,鼓)(励)(证)(券)(公)(司)(大)(股)(东)(增)(持)(,券)(商)(的)(资)(本)(越)(厚)(,股)(民)(信)(心)(越)(足)(。同)(样)(的)(,鼓)(励)(券)(商)(间)(的)(并)(购)(重)(组)(,增)(强)(抵)(御)(系)(统)(性)(金)(融)(风)(险)(能)(力)(。美)(国)(次)(贷)(危)(机)(后)(,投)(资)(银)(行)(与)(商)(业)(银)(行)(的)(重)(组)(就)(是)(这)(个)(路)(数)(。
  再)(次)(,中)(央)(鼓)(励)(国)(企)(、央)(企)(加)(快)(改)(革)(,从)(公)(司)(治)(理)(机)(制)(上)(强)(化)(改)(革)(牛)(预)(期)(。例)(如)(,作)(为)(经)(济)(的)(核)(心)(央)(企)(,可)(考)(虑)(加)(大)(优)(质)(资)(产)(注)(入)(的)(力)(度)(,并)(从)(集)(团)(拿)(出)(真)(金)(白)(银)(,形)(成)(公)(开)(政)(策)(,支)(持)(优)(质)(资)(产)(产)(权)(清)(晰)(目)(的)(的)(置)(换)(,这)(比)(央)(企)(直)(接)(在)(二)(级)(市)(场)(接)(盘)(本)(集)(团)(股)(票)(,对)(中)(央)(的)(支)(持)(大)(得)(多)(。
  然)(后)(,相)(比)(于)(所)(谓)(的)(平)(准)(基)(金)(,证)(监)(会)(、银)(监)(会)(应)(该)(协)(同)(央)(行)(建)(立)(“融)(资)(、伞)(形)(基)(金)(、银)(行)(配)(资)(”的)(“坏)(账)(处)(理)(基)(金)(”,净)(值)(或)(打)(折)(收)(购)(券)(商)(、银)(行)(和)(银)(行)(未)(能)(强)(制)(平)(仓)(的)(呆)(坏)(账)(,保)(证)(由)(于)(股)(市)(杠)(杆)(造)(成)(的)(潜)(在)(坏)(账)(短)(期)(内)(不)(形)(成)(股)(市)(现)(货)(的)(抛)(压)(。
  注)(:盘)(古)(智)(库)(是)(由)(中)(外)(知)(名)(学)(者)(组)(成)(的)(公)(共)(政)(策)(研)(究)(机)(构)(。
)


相关文章

版权所有:南方新闻网 粤ICP备05070829 网站标识码4400000131
主办:南方新闻网 协办:广东省经济和信息化委员会 承办:南方新闻网
建议使用1024×768分辨率 IE7.0以上版本浏览器