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本月21日,劳动和社会保障部副部长刘永富表示,我国社保基金将有计划、分步骤地进入资本市场,以实现社保基金的保值增值,具体数字预计在40％左右。消息的公布,成为股市又一个长期的实质性利好。 新兴市场的一个显著特点是,资金推动仍然是拉动证券价格上扬的基本因素,每当政策面变化影响资金供给,都会引起股价波动。我国也不例外。 据统计,2002年我国社保基金累计结余3000多亿元,按照40％的比例计算,规模相当可观,将大大改善市场资金面,增加资本市场的资金供给,缓解市场扩容带来的压
On the 21st of this month, Liu Yongfu, deputy minister of labor and social security department, said that China’s social security fund will enter the capital market in a planned and step-by-step manner in order to realize the value preservation and appreciation of social security funds. The specific figure is expected to be around 40%. The announcement of the news became another long-term substantive positive for the stock market. A notable feature of emerging markets is that the promotion of capital is still the basic factor that drives up the price of securities. Any changes in the policies that affect the supply of capital will cause the price volatility. My country is no exception. According to statistics, in 2002, the total balance of social security funds in our country was over 300 billion yuan. According to the ratio of 40%, the scale is considerable. It will greatly improve the capital market and increase the capital supply in the capital market, alleviating the pressure brought by the market expansion