Chapter 677: Punchy Words
The reporter immediately stood up and asked: "Chairman Duan, you also said just now that you should pursue the principle of saying less and doing more, I think your answer just now is still a bit 'false', can you be a little "real", such as talking about your next policy thinking ...... specifically."
This question is not only very sharp, but also very difficult to answer, especially when Duan Yu has just taken office, he is likely to be caught off guard by this question, and talking about it in generalities will only make media reporters and the majority of shareholders feel that Duan Yu is avoiding the truth and making a false statement, and will only show off his lips and have no real skills, but if he talks too specifically, it will make people feel that Duan Yu is too hasty, and he will throw out his own governance ideas at will without understanding the situation clearly, and his credibility will be greatly reduced. But Duan Yu can't help but answer, after the chairman of the China Securities Regulatory Commission took office, he didn't even have basic governance ideas, so what else to talk about stabilizing the stock market?
Duan Yu glanced at the reporter and said with a smile: "Your question is a bit big, I think that no matter how good the idea is, if it is not implemented, it will be empty, and there will be no right to speak without investigation, I have just taken office, and I still don't understand many situations, and it may involve some policy issues, so it is difficult for me to specifically reveal to you my future governance ideas, but I can tell you a few key words, one is supervision, why our country's stock market is so unstable, it is because supervision is not in place, so in the future, we must strictly supervise, Supervise and comprehensively supervise in accordance with the law, especially for market manipulation, insider trading, false information disclosure, untrustworthy promises, malicious speculation, malicious shorting of the stock market and other violations of laws and regulations, the China Securities Regulatory Commission will strictly supervise, maintain a high-pressure situation, and strictly investigate and deal with ......".
"The second is the return of value, I don't want our stock market to become a few people's ATM, buying and selling stocks should be investment rather than speculation, only our stock market truly realizes the return of value, our stock market can get long-term healthy development, so we do not encourage short-term speculation, we will strictly IPO review in the next step, change blood sucking into hematopoiesis, attract more long-term funds into the market, our IPO will also be more inclined to the real economy, so that more companies with growth potential are listed, so that the majority of small and medium-sized investors can share the dividends of the growth of excellent enterprises。 Vigorously developing the real economy is the direction of financial innovation, and at the same time, I would like to warn those speculators who try to get rich overnight by maliciously shorting the stock market, their behavior is destined to have no market in our stock market, and in the end they will only steal chickens and ...... rice."
"Third, it is necessary to protect the interests of investors, especially the interests of small and medium-sized investors, and this is by no means an empty word! The two points I mentioned earlier are guarantees, because only by protecting the interests of small and medium-sized investors can our investors build confidence in our stock market, attract more funds to enter the market, and enable our stock market to return to ...... value."
Speaking of this, Duan Yu suddenly waved his hand vigorously and said: "I know that now the society calls our small and medium-sized investors, that is, 'retail investors', 'leeks', and here I want to tell our small and medium-sized investors that you are by no means 'leeks' that can be harvested by others! Anyone who wants to harvest 'leeks' for nothing, I will make him pay a heavy price......."
"Good!" Many media reporters present were also speculating in stocks, and when they heard Duan Yu's very down-to-earth and loud policy declaration, they couldn't help but shout hello, and the venue resounded with thunderous applause, although they still had doubts about whether Duan Yu's words could be realized, but at least Duan Yu was the first chairman of the China Securities Regulatory Commission to say such uplifting words from the perspective of small and medium-sized investors in such a clear-cut manner! Is Duan Yu's policy idea too "false" at this time It doesn't matter if it's specific or not, because they see determination from Duan Yu!
Only Dong Wenhai and Li Songle on the rostrum pouted when they heard it, people who come to speculate in stocks want to make quick money, and the ghost is willing to talk to you about value investment.
But in any case, Duan Yu's policy declaration made many reporters present have a good impression of Duan Yu, so the next questions are not so sharp, mainly aimed at some policy issues that investors are more concerned about, such as the implementation of the registration system, the problem of pension market, the problem of market liquidity, and Duan Yu also answered frankly one by one, and reiterated his own governance ideas, stability overrides innovation, supervision is more important than everything, new policies will definitely be introduced, but will only be gradually launched when the time is ripe, and his next main work is to refine the regulatory system and policiesto avoid the phenomenon of policy "vacuum" or policy "edge ball......
This also indirectly dispelled investors' concerns that the change in policy would once again trigger a stock market crash and stampede similar to the one caused by the "circuit breaker".
Duan Yu's witty and witty speech also made the venue burst into applause and laughter, and the atmosphere became better and better. Chairman Duan, you just talked about regulation, about stabilizing the stock market, and about a lot of policies, but we all know that the development of the stock market should first follow the law of market economic development, and too much government intervention will affect the healthy development of the stock market, which is where the Chinese stock market is immature compared with the stock market in our Western countries, as far as I know, MSCI has repeatedly refused to include the Chinese stock market in MSCI, and it is for this reason that what do you think about it?......
The venue was quiet all of a sudden, and the foreign reporter's question was obviously harboring evil intentions, Western countries have always accused Huaxia of interfering too much in the stock market, which is a typical "policy market", and MSCI's repeated refusal to include the Huaxia stock market in MSCI is also a question of anger and shame for all Chinese people, and this question is very difficult to answer, especially if the question is asked by foreign journalists, if Duan Yu's answer is wrong and loophole, it will cause a very bad international impact.
All eyes were focused on Duan Yu to see how he answered this thorny and sensitive question, especially the Huaxia reporters present all sweated for Duan Yu and worried about him.
Even Dong Wenhai and Li Songle on the rostrum straightened their waists, they often go abroad to participate in various foreign affairs activities on behalf of the China Securities Regulatory Commission, and even they have to be careful when answering such sensitive questions, these foreign reporters are not ordinary tricks, once they find that there are errors and loopholes in your answers, they will definitely publicize them and attack Huaxia in order to attack Huaxia, this problem has obviously gone beyond the scope of the stock market and rose to the national level.