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股指期货:可行,但应非常谨慎 近期有关推出股指期货的呼声此起彼伏。香港中文大学工商管理学院教授、前世界银行顾问郎咸平博士认为,目前国内推出股指期货是可行的,因为市场需要卖空机制,需要规避风险的手段。但我们在推行时步伐一定要慢 一定要谨慎,不能冲动。 他说,之所以要非常谨慎,是因为香港的股指期货出现被操纵的情况。目前的操纵手法就是通过操纵中国移动和中国联通来操纵恒生指数期货,达到盈利的目的。所以我们在推出股指期货前,千万要注意是否有某个股票占的比重过大,比重过大就很可能被操纵。防止股指期货不能反映市场真正的价值,成为被操纵的东西;这是我们应该注意的问题。
Stock Index Futures: Feasible, but should be very cautious The recent calls for the introduction of stock index futures one after another. Dr. Lang Xianping, a professor of business administration at the Chinese University of Hong Kong and a former adviser to the World Bank, believes that the current introduction of stock index futures in the country is feasible because the market needs short selling mechanism and a means of avoiding risks. However, we must be cautious in our implementation of the pace must not be impulsive. He said the reason for being very cautious is the manipulation of stock index futures in Hong Kong. The current manipulation is to manipulate China Mobile and China Unicom to manipulate the Hang Seng Index futures, to achieve profitability. So before we launch stock index futures, we must pay attention to whether there is a share of a large proportion of overweight is likely to be manipulated. Preventing stock index futures from reflecting the true value of the market becomes something that is manipulated; this is something we should be aware of.