SFC Weekend Emergency Overtime: A Top Priority to Win Back the People's Hearts

In recent months, hundreds of millions of retail investors have discovered a very, very significant vulnerability in A-shares:

The short tool is super large and powerful, and the poor strength of the long tool is also weak.

The CSRC heard the voice of the masses and urgently worked overtime this weekend and did two major things.

First big thing:

Some people think that the original margin for securities lending is only 50%, and the cost of shorting is twice as low as that of long.

Now the new regulations stipulate that the margin ratio of margin for margin promotion and financing will be increased from not less than 50% to 80%, and for private placement to 100%, which can be called a bottom-up salary.

Second big thing:

Some people believe that strategic investors can not sell their restricted shares for a period of time after the IPO, but can directly short their own stocks in the market to achieve the income of capital gains after the IPO issuance in advance.

This is grossly unfair to retail investors.

Today, the new regulations stipulate that securities lending by executives and core employees of listed companies will be abolished. This is equivalent to the suspension of stock sales and securities lending, which is a big benefit, and history is called "new rules for securities lending".

It can be seen that the above is really anxious, and the most urgent thing is to win back the hearts and minds of the people.

Strict market supervision is an attitude, a style of work, a determination, is the embodiment of clean air, can gather people's hearts, can boost morale, so strict supervision at any time and at any stage is the most important one.

Earlier the director said,

This year has been the year in which management has been most supportive of the stock market.

This year is also a year of unlimited high status for retail investors and buyers in the stock market.

As long as you put forward the conditions, they will satisfy you one by one.

You want stamp duty to be lowered, and so has the country.

You hope that the major shareholders will not sell, and the state will immediately restrict it.

You said don't IPO and suspend it, and the state also collected it.

You said I want to increase leverage, and the state will add it to you.

You said to reduce the brokerage commission, and the state also lowered it for you.

You said you were going to kill quantification, and the country did it.

You said that interest rates were cut and RRR was lowered, and today the country also lowered.

You said you would be fined, and you were arrested.

You said that there were loopholes in securities lending, and the state also blocked it for you.

"Flow control, leakage plugging, open source, strict management", A-shares must have a bull market, these four aspects are indispensable, there are many things to do.

Everyone can mention, rest assured to mention, boldly mention, not capped, the top level will satisfy you one by one.

Finally, the director still wants to make a suggestion, hoping that the management can have top-level design thinking. Pushed step by step by retail investors, is this reform model too grinding?