Why am I not bullish on Big A?
After the A-share stock market crash last year. China removed the chairman of the China Securities Regulatory Commission and replaced it with Wu Qing, the current chairman. Since taking office, Wu Qing has lived up to expectations, continuously improving the long-standing shortcomings of A-shares, and re-boosting the confidence of retail investors.
So will China's A-shares become a thriving market again?
My answer is no.
Everything waxes and wanes. The market is composed of bankers and retail investors. Since the interests of Xiaosan are protected. Then the big bookmakers will definitely be dissatisfied with this. It is foreseeable that these capitals will inevitably leave the Chinese market. And what should the China Securities Regulatory Commission do? It's just Zhu Bajie looking in the mirror - he's not a human being inside or outside.
