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怎么看待当今中国股市的时代特点?中央财经大学证券与期货研究所所长贺强日前在广州对投资者说,中国股市正在迈向大发展大规范的阶段,不要错失这一千载难逢的机会。 贺强认为中国股市这些年的发展走过了三个阶段,第一阶段从1990年11月19日—1996年初,是试点阶段,搞不好就关。此阶段股民大多是投机,监管者怕出事,股市法规不完善,1992年后宏观经济政策由松向紧。第二阶段是1996年初到今年5月,是初步发展阶段,宏观经济政策由紧向松,股市政策逐步完善,由松向紧,但有法不依现象仍很严重。今年5月19日后,中国股市进入了全新的大发展
How do you view the characteristics of today’s Chinese stock market? He Qiang, director of the Institute of Securities and Futures at the Central University of Finance and Economics, told investors in Guangzhou recently that the Chinese stock market is moving toward a large-scale development and should not miss this golden opportunity. He Qiang thinks that the development of the Chinese stock market has gone through three stages in these years. The first stage, from November 19, 1990 to the beginning of 1996, is the pilot stage, and it is not good to do so. Most investors are speculators in this stage, regulators are afraid of accidents, and the stock market laws and regulations are not perfect. Since 1992, the macroeconomic policies have been easing up. The second phase is from early 1996 to May this year. It is an initial stage of development. Macroeconomic policies are gradually easing from one another. Stock market policies are gradually being improved and loosened. However, the phenomenon of non-compliance with the law is still grave. May 19 this year, the Chinese stock market has entered a new big development