Thinking about the phenomenon of Myanmar A: Take the Xu Xiang incident as an example!
Today, many people are hotly discussing Myanmar A, but they have no idea what kind of place Myanmar A is.
Once upon a time, Xu Xiang inadvertently figured out the hype routine of the national team. Whenever the national team carried out a pull-up operation, he would "intercept" and follow up. With this method, he accumulated hundreds of millions of assets in just a few years. If he was the only one making money quietly, perhaps the situation would not be so serious. But later, he actually started a fund in a high-profile manner, leading a group of people to "intercept" the national team. You know, the national team represents a powerful force behind it, which is not something that ordinary people can contend with. Not long after, Xu Xiang was accused of manipulating the market, and then he was sentenced and fined, and more than 10 billion yuan of wealth disappeared in an instant.
Since then, the China Securities Regulatory Commission has revised the rules again, adding price limits to the market, and called it to protect retail investors. But in fact, one of the main purposes of price limits is to prevent the emergence of people like Xu Xiang. At critical moments, it restricts the entry of funds, and when the daily limit is opened, it is often the time for the national team to withdraw.
Wu Jinglian once said that the Chinese stock market is more insidious than a casino. In the stock market, others can see your cards, but you can't see others' cards. The national team is both an athlete and a referee, and can modify the rules at will when necessary. Faced with such a situation, how should the stock market be played? This is really a thought-provoking question.
