Guo Shiliang: What Signals Does The Stock Market Release?

Perhaps, judging from the current market environment, the overall impact of Zhou's two statements on China's stock market will not be as strong as the first time.

However, at this time, the important position of President Zhou also implied that the stock market has basically returned to a reasonable value investment interval, and the space for further downturns may not be too big.

The author believes that, from a long-term perspective, the market has basically returned to a reasonable value investment interval, and for many stocks, it has actually returned to the corresponding position when the bull market started last year.

Therefore, for investors, there is no need to be overly pessimistic.

In recent two days, the hot topic in the economic field is nothing more than Zhou's important statement on China's stock market.

Specifically, Zhou said in the "meeting of finance ministers and central bank governors of the group of twenty" that China's stock market adjustment has been basically in place, and that the RMB exchange rate does not exist on the basis of long-term depreciation.

This statement, immediately aroused intense discussion from all walks of life.

In fact, since this year, President Zhou is not the first time to make a stand against China's stock market.

And in the previous year, that is, in March of this year, President Zhou had said that from his personal point of view, he did not agree that "the central bank's incremental investment in the stock market through regulation and control is not a support for the real economy".

Perhaps, it can be expressed in another way, that is, capital entering the stock market also supports the development of the real economy.

However, throughout the subsequent performance of the stock market, there has been an accelerating rise in the market, the period of market growth is quite alarming.

After half a year's time, Zhou's attitude towards the Chinese stock market really triggered the market's thinking.

Perhaps, behind the long line of China's stock market, it also means that the adjustment of China's stock market has reached the turning point of importance, and the value of market investment has gradually been recognized by management.

In fact, the performance of the stock market in the recent two months has not only been highly valued by the domestic management, but also aroused positive attention from foreign investors.

In recent months, as China's stock market fluctuates more and more strongly, its influence on the global stock market is also gradually improving.

In August 24th of this year, the Chinese stock market hit its biggest one-day drop in 8 years.

Affected by this influence, the US stock once touched the "fusing mechanism", the intraday fell by more than 1000 points.

As for the Asia Pacific stock market, there has been a trend of overall setback.

Thus, as the second largest stock market in the world, every move of China's stock market is enough to trigger the great turbulence in the global stock market.

Therefore, standing on the analysis of maintaining the stability of the global stock market, President Zhou chose to make a statement to the Chinese stock market at this time, on the one hand, it conveyed a stable signal to the Chinese stock market, on the other hand, it gave the global stock market a reassurance to reduce the global investors.

Anxiety and uneasiness.

Obviously, for today's market environment, stability is still the primary task of global financial market.

For China's stock market, stability is also the top priority of management tasks.

Then, on the basis of stable market, we will gradually restore the confidence of investors in the market.

In the end, we can gradually restore the investment and financing function of the market.

For the time being, China

Still in a state of extreme instability.

In this regard, in the global

Under the backdrop of intensified volatility, Zhou's statement has also released a stable signal to investors in the global financial market, and has also given the Chinese stock market a sense of stability.

However, at present, in the market acceleration of "de leveraging" in the big environment, it is also reduced the expectation of the influx of new liquidity in the market.

However, in the context of the gradual weakening of leverage capital leveraging the market, the market rebound is also dominated by stock funds, which is difficult to play a big role in leveraging.

Therefore, from this point of view, it is also very difficult for Chinese stock market to rise in the short and medium term.

Perhaps in the current market environment, the market in a reasonable value investment interval repeated shocks, that is the best result.