It's better to be sparse than blocked, and it's better to be sparse!

Everyone understands the truth, but the problem is easier said than done.

If you want to come up with a feasible plan, you must rely on professionals, and the change of the top management of the China Securities Regulatory Commission is also a sure thing, so after the securities regulatory department received the documents transferred from Zhu's office, it was completely blown up.

Listed companies violating the rules must bear the relevant liability for compensation in accordance with the law, even if they go bankrupt and bankrupt because of this, they do not hesitate, and the relevant responsible persons are far from being only named and criticized after the violation, fined money, banned and other painless punishments.

Those who should go to jail will go to jail, and those who should go bankrupt will go bankrupt, which can make the regulators stunned.

Since the birth of the stock market, the market maker has been a cancer in the financial market, a stubborn disease, and a source of evil.

But because of the inextricable relationship formed by the interests of all parties, it is to make the relevant departments throw a mouse taboo, even if they want to investigate, they can only pick some unlucky ones to deal with, without hurting the muscles and bones, without pain or itching, and naturally it cannot be eliminated from the root.

However, the document transferred from Zhu's office instructed that the malpractices prevailing in the stock market should be eliminated, not only to confiscate the illegal gains and compensate the damaged shareholders, but also to confiscate all the funds involved in the case, which made the regulatory departments completely stunned.

The various market makers that prevail in the stock market can have hundreds of millions of control funds on a large scale, and tens of millions of dollars on a small scale.

Governing the market according to the law can naturally make the market more open, more transparent, fairer and more reasonable, but the regulatory authorities are afraid that this will overkill and make the stock market, which is already in a declining trend, continue to fall deeply, causing shareholders to suffer more heavily!

Different from the panic of the securities regulatory department, Li Tingli, who thought that his career might be ruined in the hands of Fu Zhengyi, was a blessing in disguise.

As the initiator of the establishment of the China Wei Overseas Investment Fund, Li Tingli in the process of the financial department preparing to sacrifice China Wei Overseas Investment for the sake of balance, Li Tingli's analysis report and the arguments at the meeting made him smoothly into the eyes of that person.

A director who works tirelessly to do the right thing is naturally very promising in the eyes of that person, so although he has not been able to be promoted to the title of director of the overseas investment fund management office of the same department, although he has not been promoted to three consecutive levels, he has become hot and promising.

participated in the formulation of the implementation rules throughout the process, and Li Tingli was confident that the rules could be recognized before the festival, but when he entered the discussion stage, he still encountered the expected trouble.

"Director Li, there is a law to follow for the heavy punishment of the highest level, and it is also feasible to confiscate illegal gains, but if all the funds sitting in the bank have to be confiscated, it will trigger a storm of financial supervision! Even if we do not say whether the banks can afford the loss of this part of the funds being fined and confiscated, with the current market conditions, they simply cannot withstand such a blow, is it possible that there will be a situation like a few years ago, when the market opens and all the stops are stopped? Director Li, shock therapy is not working......

Li Tingli raised his eyelids and looked at the person in charge of the inspection department who was a little excited, and patiently waited for him to finish stating the pros and cons, and then knocked on the table. "Is the news of the establishment of the equalization fund a particularly good thing? Once it is promulgated, will there be a situation where all the two cities will have a daily limit?"

The leadership of the securities regulatory department may change, and the heads of various departments are eager to be turtles with shrunken heads and do not take any responsibility. "Director Li, this is a good way to hedge against bearishness and avoid excessive fluctuations when the market is stable. But in the end, it depends on how the market interprets it, and when the market is bad, the good will also be seen as negative. This is the current rule of the market, not the will of anyone......"

Li Tingli's expression remained unchanged, and he glanced at the notebook in front of him and said. "The equalization fund is ready to be set up, can't it guarantee the stability of the market? So under what circumstances do you think our stock market can bring investors a sustainable and stable return on capital gains like the European and American stock markets?"

"Hey, Director Li, let's discuss this matter behind closed doors now, isn't the stock market just to help state-owned enterprises get out of trouble and help local governments shake off their burdens? Where will there be any continuity and stability, and where will we care about the return on investment returns? More than 20 years ago, these investors belonged to the rentier grassroots level, and they were going to be defeated and criticized......

Li Tingli clenched his fists under the table, and said in his heart that he was still the one who could see accurately and really, what age is it, and even the department heads in charge of the competent departments still have such thoughts, presumably where will the executors below consider the etiquette of small and medium-sized investors, where will they care about whether there is a banker, whether there is a rat warehouse?

Sad, but not unexpected, Li Tingli flipped two pages of the notebook in front of him and read. "At present, the total market value of the two cities is about 4 trillion yuan, and the circulating market value is less than 15 trillion yuan.

The person in charge of the inspection bureau scratched his head in some embarrassment. "Director Li, what does this 'stable' mean? If it doesn't fall, it will be considered stable, or will it be considered stable if it goes up?"

Now that he has cut to the point, Li Tingli is also right. "Value returns, even if it is stable!"

"Is it valuable?" the person in charge of the inspection bureau pursed his lips, and when he saw that Li Tingli's face immediately sank, he hurriedly continued. "Director Li, if you want the market to stop falling, you need at least 350 billion yuan of funds to support the market, if you want the market to turn around, without hundreds of billions of funds, it is simply impossible......

Li Tingli said. "Are you sure that if the size of the equalization fund reaches 100 billion, it will be able to stabilize the stock market?"

Hearing this figure, the person in charge of the inspection bureau was taken aback. "Director Li, you're not telling the truth, are you?"

Li Tingli snorted coldly. "There's a week off in hand, you think I'm joking?"

"Director Li, this number needs to be studied, what I said before is not countable......

Seeing that the other party panicked instantly, and stood up suddenly, Li Tingli thought to himself that one was far-sighted, and Fu Zhengyi's vision was also very vicious......