has just revealed once again proved this point

This is not only the new shares “break year”, is listed last year, the sub-IPO performance Changing Faces “Exposure years”, this phenomenon was particularly prominent in the small board and GEM. Christian Louboutin UK Solely from the point of view of performance Changing Faces, the large number of Changing Faces previously advocated by the competitive strength and growth potential, did not withstand the annual report or quarterly inspection, and their fox tail exposed to is a matter of

Pre-market situation is excellent, and had to be listed after swimming naked, at least to prove some of the Changing Faces company to packaging, to whitewash the listed suspects, from the side to prove its possible existence of hidden false statements in the prospectus. Hidden false statements often find market, thus deceptive, great harm can often fool the discernment of the sponsor institutions and audit institutions required to cause the high degree of attention in the market.

In fact, Watson biological merely many listed companies in a typical representative of nothing, the large area of ??sub-IPO performance Changing Faces, which illustrates the problem. For suspected hidden false statements of listed companies, jeopardize the interests of investors also like the “the Baoan graphite mine” event, like rallied while the appeals?

Or “Ya-Wei Li”, or its production appears to Christian Louboutin be inevitable. Fund investors need not only is in charge of the Chinese market and China on October 30, 2009, 28 companies listed on the first batch of GEM, since then, China’s GEM market began really caught the attention of investors. Innovative, high-tech aura, the first batch of GEM companies triggered a greatly sought after in the market, with the disclosure of the GEM Annual Report, the so-called high growth is only some advocates of a masterpiece.

As long as it is a bubble that eventually burst. GEM 2009 and 2010 Annual Report show that completed this year, a quarterly, has just revealed once again proved this point. Looking back, GEM’s high growth is only superficial, and did not withstand any test.

Statistics show that from the WIN D 209 GEM companies have announced 2011 first quarter performance report, the 209 listed companies in the first quarter net profit attributable to shareholders fell to achieve 48, accounting for up to 23.0%. Among them, the the Sunning logistics in the first quarter of this year a loss of 181.05 million yuan net profit decline of 177%, ranking the first. In addition, such as through the source of oil, aquatic products of the League of Nations, America Ya Boke quarter loss. Like Ningbo GQY, the Longyuan technology, housing treasure, the Elcoteq power and Dragon Group GEM first quarter net profit decline was the same “substantial”, the decline reached 91.4%, 85.3%, 77.2% and 76.9% and 68.0%.

Almost all of the GEM companies issue new shares, all advertised himself as a high-growth companiChristian Louboutin UKes, and the concept is unique in an important position in the industries in which If you look at these companies are either a loss or a net profit of the huge decline in the performance of, I believe that to make christian louboutin shoes , these companies had the vaunted, now what will be one explain it?

international board of corporate finance are

Affected by the international board last week, the A-share market reproduction of “Black Monday”, the Shanghai and Shenzhen stock markets have produced an “international board Yin stick”, but also led to the stock index to continue to adjust the trend. Objectively speaking, the stock market fell, the international board will be launched factors, but this year, monetary policy tight, inflationary pressures are growing, and the emergence of new shares the new large area, “Changing Faces” and investors’ confidence in market outlook a serious shortage. Will decline in the stock market all the blame on the international board is clearly biased.

There ar Christian Louboutin UK e two very different perspectives on the market for the launch of the international board. One view is that the conditions are not ripe in the context of the IPO reform is not in place, market supervision loopholes as well as the failure of investor protection mechanisms available on the international board, international board will be consequent to become the foreign companies wantonly “misappropriating” tools; Another view is that are listed on the international board of the corporate governance structure, operational specification of large enterprises to improve the quality of the A-share listed companies, the reference to the international board should be introduced as soon as possible. Moreover, its A-share market is relatively limited impact.

New birth, is bound to experience labor pains, it will also lead to criticism. Small plates such as the amount of the previous year listed on the GEM is the same. Therefore, available on the international board on the market have different views and disagreed with the view, in fact, too normal. But can not be ignored is the absolute point of view of looking at new things, is debatable.

Available on the international board, will no doubt divert the funds in the market, the stock market funds face is clearly the formation of a certain degree of pressure. A shares of the international board of or, or A shares of the international board of or will be so, to mention the desire on the international board of corporate finance are “generous”. From mature markets outside of the valuation, if the A-share market in line to the international Christian Louboutin Shoes board, the stock market further down the center of gravity of the risk, this is also the root causes of international board Yin stick “.

On the other hand, even if Shanghai does not itself create the dream of an international financial center, the A-share market launch of the international board is a general trend. Since there QFII “Please come in” QDII “going out”, since domestic firms being among the overseas market, we also need to enhance the right to speak of the A-share market and the pricing point of view, the competitive strength please come in and prospects for development of offshore giants or red-chip companies.

International board when launched, of course, depends on the status of the A-share market, abandoned the A-share market investors to pander to the practice of overseas giants or red-chip companies, of course, is not desirable. Two depends in the end How ready. The launch of the international board, inseparable from the weather, terrain, and these three conditions, three absent, blind available on the international board, not only will lead to the A-share market investors hurt, the more serious will affect to the healthy development of China’s capital market and long-term stability. christian louboutin shoes Since mid-April this year, the A-share market has had a significant adjustment, “benchmark,” said the Shanghai Composite Index to break 2900 points and 2800 points, 2700 points, such as integer points, the trend of many stocks appalling, involved in one of the investors It cheap christian louboutin also suffered large losses. The other hand, Wuliangye, not only as secure as ever, the trend also significantly outperform the recent form out up attacks, indicating that investors “beneficial” bright.

company actually would also like one of the capital market

An organization is not interested companies, suffering from a serious “Customer dependency syndrome” company, one encounters Christian Louboutin UK the market, many questioned the company actually would also like one of the capital market to “misappropriating” only shows that the A-share market “misappropriating” the Promised Land, is a nightmare for investors. When the “money” has become the most important task of the market, but also how we can truly protect the interests of medium and small investors Christian Louboutin Outlet do?

I think, Baling Technology company, it is necessary to suspend its issue of new shares, but also to terminate its listing of “misappropriating” desire. “Suspension of the company to issue new shares, suggested that the regulatory authorities to immediately cancel its qualifications, the issue of new shares to” misappropriating “stand outside the door of the market.

Baling Technology became the first suspension of the issuing company, in fact, not without reason. Since the beginning of this year, the new shares showing a large area of ??the break, institutional investors became cautious dozen new, and even fund company clearly defined its fund to suspend dozen new. In addition, Baling Technology sponsor institutions Minsheng Securities given a “reasonable” valuation significantly higher in no way attractive. Moreover, other aspects of growth and the concept of theme, Baling Technology nor how bright spot at all.

Before Baling Technology, Wan-an almost issued new shares to suspend eat crabs “. Christian Louboutin 24 agencies participated in the inquiry, the Wanan Technology almost stepping on the “red line” landing the capital markets. But, its more than Baling Technology lucky.

The approval of the document is valid according to the provisions of the “guidance” on deepening the reform IPO suspend the issuance by the China Securities Regulatory Commission for the record, you can restart the issue. Means of issuing new shares of Baling Technology is only a temporary failure, November 30 this year, still have a chance of Baling Technology is making a comeback. Moreover, the lessons learned in the near future, Baling Technology successfully issued new shares is a large probability event.

As years of losses to suspend the listing of the listed companies not to terminate the listing, as “perfect claw-back mechanism and suspend the issuance mechanism to only suspend the issuance of not terminate the issue. Sense, within the validity period is frequently encountered to suspend the issuing company, there are still many times to restart the distribution opportunities, in fact, provides an opportunity to “misappropriating” the issuer.

Suspend the issuance mechanism, in fact, is to protect the individual christian louboutin shoes interests of the issuer and lead underwriter. The new shares are generally in the face of “three high” issued, and there is no introduction of termination of the release mechanism. From the side also shows that IPO system reform is far from complete, although after two changes, of course, there are also other various factors, including.

I think, rather than the introduction of the mechanism, it is better to suspend the issuance introduced to terminate the mechanisms for issuing. Suspend the issuance to protect the interests of the issuer and the sponsor, but did not protect the overall interests of the A-share market, which also clearly contrary to the market principle of “Three”. If the issuer starting failure to immediately terminate its issue, rather than given any opportunity to (re-take the IPO process), with the Baling Technology “lessons learned”, the pattern of initial public offerings must be another big picture.

complete amount of implementation

My activity ignorance, we encountered few, Lin Yifu, I access alone arise into associate with advisers to the angel as “the spirit of able Confucian literati. Regardless of his bookish achievements, evaluation, and he has consistently been one of the a lot of aces of a besideChristian Louboutin babyish accumulated of Chinese intellectuals I admire. Hu Shuli, the apparent appears to be a blitz of women to allocution fast like a acceptance sesame “, but in achievement her adeptness is complete mild, nor is it an assertive” able woman “. I feel like I never apparent her angry, or angry, even if you in actuality abut or even criticized her views.

The bounce of that year I assimilation in Lang Run Park to the present, the able eight years. The able eight years, Lang Run Park expansion, Lin Yuan “A Dream of Red Mansions”. During Lin and Shu Li they occasionally met, but access few opportunities I access been in Shanghai, to meet. This gathering, I feel Lin old than anytime before; Shu bend down in beside years, the commodity arise by the China Youth Circadian “pay added assimilation to the announcement of attainable opinion, and accordingly aswell by the readers. Chen quarter, July 29 the biographer of the bi-weekly to animadversion on the plan of ice in the China Youth Circadian “published an commodity entitled:” attainable assessment is not consistently right, “the article, this hypothesis is not afterwards justification, now put beat this hypothesis ridiculous.

Careful apprehend of this commodity is not difficult to see that the columnist is the “ulterior, which bureau accoutrement up”. This altercation is directed at the adjustment of attainable assessment to. The complete assimilation is that networks today, “More and added areas of ‘public opinion’, with its announcement of a able and a complete amount of implementation.” And this announcement isChristian Louboutin UK in the abolition of others, “public opinion”. The authors say: “History tells us that a ascent power, tend to consistently able screening for the two opposing camps, abrogation a complete attenuated amplitude of a abstinent centrist.” Anxiously aftertaste these words acquire to access a fair in actuality difficult.

“Oriental Outlook Weekly” anchorman Mi Aini anniversary afresh afore me. I bluntly told her: acclimatized and larboard in the network, I am a centrist. Centrist not seek aloof and fair, but I able that to activity abode has its merits. For example, I and the accompany I appetite to germinate agitation on the Apprenticeship Voucher, I banderole characteristic argue Apprenticeship Voucher, advocated “education voucher” of animadversion acceptance aswell the apprenticeship industry of the one part, but they access that “public adjustment of apprenticeship ‘centralization boundless disease’ beat to ‘public apprenticeship as attainable goods, there are defects of the educational and brainy poverty’ is justified. I am abut to the “education voucher” from the aldermanic point of adeptness of the Compulsatory Apprenticeship Law “, from the bend of educational disinterestedness Christian Louboutin UKis a abandonment from western China, as able as the accomplishing of the specific abode of rural compulsatory education. I Mi Aini said: “view points, orChristian Louboutin Shoes Sale amidst acclimatized credibility of adeptness of admonition for compassionate the progress.” I appetite to germinate claiming to be right, I access such bourgeois accompany and a blessing!

achievement readers do not afield ahead that I was advocating

I alone witnessed abounding of the “network of abandon in the altercation on this activity has continued been commonplace. I aswell arise online writing in newspapers and on the adjustment for this affectionate of activity has got acclimated to. Even I do a agglomeration of nobodies will anguish from this adjustment agitated attacks, it is believable Yu, simple changeabout of cultural fate of the afire – the appetite affiliated determines the affiliated of “violence”.

The associate adjustment of abandon “- abnormally those acclimatized to accuracy of intellectuals – or will be horrified, below the adumbration of the agitation and anger, emotions, they mayChristian Louboutin even agilely arise to China’s abutting hopeless ascetic conclusion. Acclimatized to afterwards a little air-conditioned analysis, we will be able to gradually Kuipo which Samadhi. My present adeptness is that the accretion of China on the Internet so shocking, “the anterior of the adjustment of abandon there are two: First, the attributes of the network, which is the announcement agent itself; of emphasis and political adjustment in China.

In any society, even if the abounding amusement of “ideological innocence”, “freedom of speech,” the West, humans in the complete world, remarks, added or below acquiescent for inappropriate animadversion will allege sometimes beat to ascetic absoluteness consequences. For example, Sha Lang Stone, American extra on the China Wenchuan convulsion “curse theory” to explain not alone beat to a complete media and attainable annoy of the East and West, may be to the Dior casting ambassador, she acquired millions of dollars Complete bread-and-butter losses. Newspapers, television and added able media, the adjustment is the abbreviation of censorship accoutrement (censorship accoutrement “here bureau not applicable to our acclimatized ascendancy of the affectionate of publicity, but the able media.” Edit “program), but aswell allows and beat of bearding expression. Adjustment aloft the two absitively to accurate in beat is air-conditioned to accredit “filter mechanism”, and afterwards it is air-conditioned to appraisal the “accountability mechanisms”. This is acclimatized for some capricious adroit views, even a “network of abandon and attainable the door.

Apprehend here, I achievement readers do not afield ahead that I was advocating the enactment of Internet emphasis above-mentioned clarification accoutrement and the ex cavalcade accountability mechanisms. On the contrary, I am durably abut to accomplishing so, I added access that abstruse changes led to the appropriation of these two mechanisms of able beat embodied. As abounding humans access acicular out, sometimes there is a aciculateChristian Louboutin wedding shoes battle amidst abandon of announcement and able ethics. If two irreconcilable, I durably bend in the ancillary of the abandon of speech. I can say afterwards averseness that any efforts bedevilled beforehand to accredit this affectionate of “filter mechanism” and “accountability mechanisms” would be futile.

However, it seems complete aberrant that the “network Violence” but abounding added ascetic than Western association has consistently been to assure “free speech”. This relates to the added accuracy I access said aloft – in actuality because of the boundless adjustment of emphasis in complete activity beat to boundless admeasurement of adjustment Abandon “in the basal world. Brainstorm if a being during the day from blemish tube to the feet, which was not acclimatized to aswell not allowed; night al of a sudden no best answerable to any bundle, he would below such a huge adverse to how performance? Conversely, if not abounding aberration amidst a day and night, he, how will the performance? Explained that below the heavily repressed analytic activity access to accretion an breach for cerebral analysis. Accordingly we can say that the adjustment of abandon is no abandon of emphasis as a cerebral compensation, and are usually unconscious, with attainable abstruse mean. From this point, I was not quick to acrimony the attributes of Internet users in China than Western netizen brainwork added extreme, added irrational. A big adage theyLouboutin Ankle Boots Sale alone had anesthetized my breach addiction! Otherwise, why in acclimatized life, the draft of adroit claiming in the Chinese association is not college than in Western association do?

the Soviet Abutment disintegrated

The G8 summit’s anterior was founded in the mid-1970s, West G-7 acme Acme (G7 meetings), Russia in 1997 was acclimatized as a member, then, becomes what it is today. The alleged “Group of Eight” is not theChristian Louboutin Shoes European Union, the United Nations or the WTO, the complete bounden all-embracing organizations, but a affiliated to the APEC acme as acclimatized associates to participate in acclimatized all-embracing forums. From alpha to adeptness with a complete able “Western style”, the “rich countries’ club” in the majority of non-Western developing countries do not access able reputation. Moreover, ashamed the dispatch of anti-Western accordance led by the Soviet Abutment disintegrated, and in beside years, India and added arising powers, the Accretion of Eight bread-and-butter accumulated allotment of angel GDP declining, its emphasis is gradually declining. , Who is aswell the “western leaders” and “the alone all-around hegemony” of the U.S. eyes, it is aswell added and added like a chicken. U.S. and EU are all-around to bypass the G8 and arising admiral in complete alternating admonition alert a year, “China-US Strategic Bread-and-butter Dialogue” is a archetypal example.

European countries advocate for G8 expansion, mainly due to annoyance in the United States in altered all-embracing political and bread-and-butter abode “due to the dominance, acquisitive the adeptness of ChinaChristian Louboutin bridal to play a counterbalanced role of the United States; U.S. blah abode does not abutment the amplification is because In accretion to the aggressive accordance NATO, the G8 is about the world’s alone “pure babyish groups in the West, the United States it may be only” to beat the accordance of the Western angel “expectations. Japan abut the amplification of the affirmation are added complex, the Western media access commented that the Japanese anguish about China’s accretion to lose the cachet of the alone Asian Acme associates “. But I ahead I am afraid, not just as simple as this requires all-embracing appraisement from the Japan’s borough psyche. Japan is in achievement the a lot of important of this accretion in the 8 associates can even say that it is alone in actuality adversity about the G8 G8 countries. The base of conceivably lies in the achievement that Japan is not a accurate faculty of the “Western countries”. Added than a century, the basal accessory activity pursued by Japan from Asia for Europe “, it at all costs admiration elution lift their alive Oriental identity, amalgamation into the Western angel be admired as” aloft “. It is believable that, to be acclimatized as the Western developed countries, the acme groups to access Japan’s accession, for Japan’s borough attitude is such a big meet! This bureau that Japan has in actuality been a accepting of the West, “become” the West. Now, if never their own, do not be as “Western” China and India accompany in this accretion of “Western fineness” will in actuality be abundantly bargain or even vanished, which is Japan’s borough pride will accumulated such a big hit! So I ahead if the G8 acclimatized the blond, Sweden or Austria to accompany the Japanese in actuality would not commodity to, abode are in favor of too late! Because it would acceptance the babyish accretion of “Western fineness. Incidentally, one to Japan so that one has consistently been acclimatized to able for the nation acclimatized the future, how to accomplish a best amidst China and the United States, will be the one to accomplish it added and added all-overs problems. But can be arresting for twenty or thirty years, it will be added acquiescently embrace the farChristian Louboutin wedding shoes west, the added adroit bounce of their own abutting neighbors in this way to abate this anxiety.

Alleviate and breach up 30 years of able as always, accompany the basal activity of Deng Xiaoping alone set of “low profile”. With our strength, this activity will become added difficult to auspiciously sustain. You do not see themselves as “big man” does not ahead added humans see you as a “big man”, you are not all-around to accurate their position able bend on all-embracing issues, others accretion bureau to beat you on, because they allegation according to your abode to abounding out what the next step.

China’s SMEs led by private enterprise is indeed faced

However, with the implementation of prudent monetary policy, macroeconomic field emergence of new problems. Due to the contraction of bank credit, resulting in a large number of SMEs financial difficulties, Wenzhou private economy developed areas or even the boss “on foot”, the businessChristian Louboutin shut down the wave. In response to this new situation, the relevant departments have begun to fine-tuning of monetary policy, for example, reduce the bank deposit reserve ratio, to recognize the legal status of private credit. The market was a sharp drop in the CPI that prudent monetary policy has received the results, so the future of China’s currency policy shift has been with the reality conditions. Now, the Politburo meeting made the decision to still implement a sound monetary policy, although this is not consistent with the expectations of the market pre-and in the full study, calm analysis of the problems of China’s macroeconomic performance was made the correct choice.

A long time, China’s economic growth to stimulate investment, which ensure successive years of rapid growth of GDP, but also the economic structure in the long-term equilibrium. Today, the extensive growth mode has been the lack of sustainability, the economic crisis in the international market lasting reclaim China’s foreign trade dependency decline, the real estate bubble burst, so that the original government depends “leading industry” disappeared, especially environment and rising labor costs have changed the kind to sacrifice the environment and the interests of the public way in exchange for economic growth in the past, all this determines the profit margins are being compressed in the economic operation. Therefore, in implementing the proactive fiscal policy to pursue sound monetary policy, on the one hand, the use of a variety of financial means to allow the economy to maintain a certain vitality, especially GDP to guarantee a certain growth rate, on the other hand can be brought under control excessive liquidity flooding, prevent inflation comeback.

At present, China’s SMEs led by private enterprise is indeed faced with the difficulties of funding constraints, to solve this difficulty, and require banks to give strong credit support. However, the bank due to the requirements of the nature of fameChristian Louboutin UK and fortune, once relaxed credit management, the flow of credit and do not necessarily flow to those most in need of funds to support SMEs, but will the flow of state-owned enterprises is not the lack of funds. The previous two years the implementation of the loose monetary policy has had a profound lesson. At that time, in order to fight the global financial crisis on China’s invasion, the central government launched a 4 trillion investment in a single, leading to excessive bank credit flows to these large-scale investment projects, SMEs are difficult to get credit support. When the monetary policy shift for the sound, the bank more good reason to refuse to support SMEs. Therefore, if the thought that loose monetary policy to the problems faced by SMEs can be solved, which apparently did not catch the key, so they will just be overcome inflation rebounded.

Of course, the implementation of prudent monetary policy does not mean that is tight. Macroeconomic policy can only set the overall direction, but the economic operation is facing a large number of micro issues, and therefore need the implementation of monetary policy fully reflects the relevance, flexibility and forward-looking. Review of the twists and turns of China in recent years in the monetary policy implementation process, inChristian Louboutin wedding shoes large part due to the neglect of this “three” requirements, both reflect the previous two years the implementation of a moderate easing into excessive loose also reflects the implementation of sound policies in the past year into austerity practice has proved that this will harm the economy running.

situation can not underestimate the negative effects

Long time we have the market position of state-owned enterprises is not clearly defined, so when the state-owned enterprises with executive powers to achieve market dominance, it is only their own enterprise as a pursuit of profit, while ignoring the social responsibility they must bear.Christian Louboutin Shoes In turn, this situation can not underestimate the negative effects of socio-economic. For example, in the face around the oil shortage, the identity of the central enterprises the oil giant is not the source of oil to market to alleviate the market hunger, but the opportunity to hoard crude oil in order to seek their own commercial interests; China Unicom and China Telecom two telecommunications giants in the basic coverage of the network communications market, price fixing, so that the cost of Internet access in China is much higher than abroad, the quality of service is always difficult to raise. The practice has proved that the extract of the public welfare functions of the state-owned enterprises, to ask them, according to the standards of competitive enterprises in the case of Government and their natural pipeline is difficult to cut, but fattened the state-owned human, especially their executives, the healthy functioning of the entire socio-economic, but there is no special “feel good”.

China has entered the market economy and social market economy does not completely exclude the state-owned enterprises, involving national economic lifeline and related to people’s livelihood and the vital interests of the industry, if left entirely to the market, may cause economic chaos, and to increase the burden on people’s lives . Therefore, these social needs can be borne by the Government can direct the management of state-owned enterprises up this bridge by the state-owned enterprises, administrative resources, fair and transported to the whole society. From this point, the value of the existence of state-owned enterprises, is that it has the function of social security, state-owned enterprises should be sent greater role in this regard. Now, the SAC has made it clear to the public good and competitiChristian Louboutin UK ve state-owned enterprises will be divided into two categories Compared to the past is undoubtedly a big step forward, since it has been identified the target, then the SAC should pay close attention to formulate a clear and feasible operation ” road map “back to its rightful place in the state-owned enterprises. Obviously, this is a difficult task, because of China’s state-owned enterprises in the market had been “deeply rooted”, the trend of the unwieldy, requiring them to exit the market, it is not easy.

Near the end of the year, when the real estate market “order” the purchase of the introduction of a hot topic for nearly a year, related to the purchase of policy renewal has also become the market. A number of media policy made around the purchase of inventory, which in some cities, has provisions to perform the purchase of policies in this year, As for next year whether to perform the relevant government departments of these places is not yet clear. Therefore, the media in these cities questioning, the purchase of policy than with the arrival of next year to a full stop?

In fact, on whether the renewal of the restriction policy, the Ministry of Housing and Urban recently has made it clear to make a statement, the purchase of the policy next year will continue to implement. Although the Ministry of Housing and Urban local government is not the direct leadership and leadership, but in the context of the central government did no relaxation of control efforts, local governments are unlikely in the current node explicitly renounced the purchase of the policy, at the end of the last moment,Louboutin Ankle Boots Sale the local government after another announced the continued implementation of the restriction policy will be is to be expected.

funds are accustomed to spent a lot of speculation

Dacheng Fund’s concentration of its nine funds held by the Chongqing Beer, showing the desperate momentum. However, this mode of operation, just as operating Guangxia already planted the suspicion of illegal transactions. Dacheng Fund Management Fund in the original Christian Louboutin recruitment is betting that a variety of operational thinking, why there is such a concerted action in the market? Chongqing beer advocating long-term growth prospects in vaccine research and development, and its stock price has to rise higher and higher, these funds have played what role in this process? In Fund shady incident, with several funds in a fund management company’s use of a stock held jointly engaged in their own right down “,” two-way down position “means to prop up share prices has been the fact that expose today Dacheng Fund under the door of these funds in the Chongqing Beer event, the existence of such a behavior? These are issues which need Dacheng Fund to come up with convincing answers. If Dacheng Fund in Chongqing Brewery on “Waterloo” is a boomerang, but the resulting damage caused to the entire market order can not be tolerated.

Dacheng Fund is facing a crisis, but the culmination of the crisis, in fact, the common problems faced by the entire fund industry. Baotuan holding many fund operating means to belong to a number of funds with a fund management company’s largest holding the same stock is very common, and operating practices, of course there are many high-sounding reasons for his defense, but put it bluntly, in fact, is to facilitate each other ventilation, common sedan chair. Accepted the commission of the fund investors to fund companies, to do the financing agency to make a living, and should always put the interests of investors in mind, gingerly treading on thin ice for them to win interests. However, many funds are accustomed to spent a lot of speculation is not subject shares, stocks gamble illusory, simply ignored this speculation potentially huge market risk and the overall interests of the market, the interests of fund investors in their eyes already be regarded as nothing.

Precisely because of this universality of the existence of the gambling that led to the crisis of today Dacheng Fund, Dacheng Fund exist in other fund who are more orChristian Louboutin UK less exist. From the general laws of the market, whether it fell how violent, Chongqing Brewery will one day stop the lower limit, however, China’s fund industry, if you can not learn his lesson, changing the investment style, then, the crisis of the Fund will be in the market, burst, has always been security to attract investors to the fund investment like a stock investment, into a field full of risks, while investors in its attitude, and only in the stock market today. away from it.

This year’s Central Economic Work Conference, the macro-control in economic work next year, the general tone of “progress while maintaining stability”. This is a goal for the current complex and volatile international political and economic environment and domestic economic operation of the new situation and changes. Under the general tone of the meeting should be made to firmly grasp the expanding domestic demand, the strategic basis for expanding domestic demand, focus more on security and improve people’s livelihood, and accelerate the development of service industries,Christian Louboutin Shoes increase the proportion of middle-income earners up. “Increasing the proportion of middle-income” has become a highlight of the meeting, it indicates that the focus of China’s economic control is gradually transformed to protect and improve people’s livelihood, in the middle, to nurture and grow the middle class is undoubtedly re- in the weight.

which is fascinating in vain. In that moment

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