China's stock market to create wealth for whom the myth »

30 years of reform and opening up to "Made in China" for the world well-known and recognized. In building an innovation-oriented country today, how to promote "Made in China" to "China to create a" change in how the "China create" the world recognized the urgent and important. I think that the stock market should give full play to the role of promoting the "creation of China" can be achieved.

If we breakdown of the mainland stock market from 1990 to now set up 18 Niuxiong conversion of history, some regret and surprise to find that the stock market Niuxiong conversion and the economic cycle and do not have much of the inner links. Although this 18 in the course of development, we can see looming economic development drive the market higher shadow, but "new investors to open an account City" and "promote the capital city" and "City policy" three mixed-mode has gradually become market-led, Contrary to "shadow" seems to be if not, is not so important.

Such a market, too many interpretations "Zuozhuang", "Quanqian" night暴富myth of the wealth, investment and speculation seems to have been less clear. Revelation keen on the media and pursued those low-key, mysterious makers, big, small investors also relish in these "Legends", also hopes to one day pass insider information or Zhuangtai Yun become part of the myth of such wealth.

Piequ those with "Inside Story" color of speculative transactions aside, the author and do not intend to criticize the rules of speculation, it did have an active market role. We believe that the stock market is even more important role in helping enterprises and found that the value of the future will be the value of "liquidating", which is the stock market and the promotion of innovation will be linked to the key.

There are cases for certification. At first, Microsoft listed on the Nasdaq before, but the United States many small and medium-sized IT enterprises in a successful landing after the listing of Microsoft's value has been fully discovered that Bill Gates has therefore become the world's richest man once. Microsoft's own wealth creation myth as the Nasdaq's one of the classic paradigm. Many years later, the Mainland enterprise search engine Baidu, Nasdaq completed the landing through the development process of qualitative leap. Baidu's success, "Metamorphosis", once again confirms the Nasdaq nurturing SMEs "star" of the value of discovery.

In the stock market play a "full value of that enterprise," this role at the same time, enterprises will have completed the future value of "liquidating" the process. Assume that a business has great potential of new technologies, if not through the stock market, relying on their own development, to reach the other side of success may also experience a very long process, which undoubtedly affect the overall rate of accumulation of social wealth. But if it adopted the stock market "value found" mechanism, the new technology in the future ahead of the value of "liquidating", in a very short time to complete the process of value-added assets, enterprises obtain sufficient funds to develop new markets and follow-up research and development, then it The success of the necessary follow the road will be greatly shortened. When this mechanism continue to play a role, social innovation will be an endless driving force.

This is the myth of the wealth we need. In order to restore the stock market to support innovative features, the most urgent now is to strengthen the capital market as the basis for the building of systems, and in order to guarantee the smooth progress of the system, the Government must "save the city." In the rescue process, the Government must continue to help restore investor confidence in the real positive initiatives to avoid a rescue become investors "flee" good time for the embarrassing situation. "Rescue" than "City governance" more urgent, only to "save" only possible "rule."

Whoever has the core technology and products who can not be replaced, who are successful business model, who will be moving in the stock market staged scenes of wealth creation myth. The stock market, such a system is what we really need.