Recently, 200 million shareholders from all over the country jointly spoke out, calling on the stock market management to cancel the "securities lending" mechanism. This request quickly sparked widespread attention and discussion, and became a hot topic in the stock market community. Stockholders generally believe that the abolition of "securities lending" is to promote the healthy development of the stock market, reduce market volatility, and improve the stability and transparency of the stock market.
The "securities lending" mechanism, or stock lending, is a financial operation that allows investors to borrow and sell stocks. Although this mechanism is widely used in the international market, it has become the "main culprit" in the eyes of many investors in the Chinese stock market. In their view, "securities lending" not only exacerbates the volatility of the stock market, but also harms the interests of most small and medium-sized investors.
One long-term investor said: "Whenever there is a slight fluctuation in the market, a large number of securities lending and selling will further pull down the stock price, which is extremely bad for us ordinary investors. We hope that the stock market management will heed our call and cancel the 'securities lending' to clear the way for the healthy development of the stock market." ”
On social media platforms, many investors have expressed their opinions. A netizen said: "The stock market is one of the important ways for ordinary people to achieve wealth appreciation, but the existence of the 'securities lending' mechanism makes it difficult for ordinary shareholders to invest with peace of mind." We hope that the management will take our opinion seriously and remove this unfair mechanism. ”
Another netizen put forward his own suggestion: "In addition to canceling 'securities lending', the management should also strengthen the supervision of market manipulation to protect the interests of small and medium-sized investors." Only in a fair, just and transparent market environment can the stock market achieve long-term healthy development. ”
At the same time, the call was analysed and discussed by experts. According to a finance professor, "The 'securities lending' mechanism does exacerbate market volatility in some cases, but it also helps with market price discovery and liquidity. Removing this mechanism may bring short-term market stability, but in the long run, it may limit the depth and efficiency of the market. ”
The voices of shareholders continue to rise, and whether the management will listen to this opinion and cancel the "securities lending" mechanism has become the focus of everyone's attention. Some experts suggest that the "securities lending" mechanism can be optimized rather than completely abolished. For example, by raising the threshold for borrowing and strengthening information disclosure, it will reduce its negative impact on the market.
"We need to find a balance between market stability and efficiency," said one market analyst. The removal of the 'securities lending' mechanism may benefit some investors, but in the long run, it may inhibit market dynamism and innovation. ”
Despite the differences of opinion, the voice of shareholders has attracted the attention of regulators. It remains to be seen whether the stock market management will take steps to cancel or optimize the "securities lending" mechanism in the future. As one shareholder said: "Only when we unite and let go of personal interests can we see the future of Big A." ”
Here, we invite readers to express their opinions: Do you think the "securities borrowing" mechanism should be abolished? What do you recommend for stock market management to do? Feel free to leave a message in the comment section and share your views with us.