经济问题
經濟問題
경제문제
On Economic Problems
2015年
10期
64-66
,共3页
中国股市%暴涨暴跌%过度投机%理性投资
中國股市%暴漲暴跌%過度投機%理性投資
중국고시%폭창폭질%과도투궤%이성투자
Chinese stock market%rapid ups and down%undue speculation%rational investment
近来中国股市暴涨暴跌引起了股市震荡与投资者的恐慌。关于中国股市暴涨暴跌的原因存在各种观点,既有“做空论”,又有“外资阴谋论”,也有基础性原因即前期暴涨引起泡沫论。笔者认为,中国投资者过度投机心态与非理性行为才是出现暴涨暴跌的主要原因。不少股民与机构投资者入市目的是“一夜暴富”,并抱有无风险套利心态,这种入市目的决定了投资者的赌徒心理与投机行为,从而造成股市的大起大落与剧烈震荡。要改变这种非理性乱象,既要完善股市法规,加强监管,惩治非法套利与操纵行为,更要从提高投资者自身素质抓起,普及股市投资知识,教育和引导广大投资者理性投资,戒除过度投机行为,树立市场信心,理性参与。
近來中國股市暴漲暴跌引起瞭股市震盪與投資者的恐慌。關于中國股市暴漲暴跌的原因存在各種觀點,既有“做空論”,又有“外資陰謀論”,也有基礎性原因即前期暴漲引起泡沫論。筆者認為,中國投資者過度投機心態與非理性行為纔是齣現暴漲暴跌的主要原因。不少股民與機構投資者入市目的是“一夜暴富”,併抱有無風險套利心態,這種入市目的決定瞭投資者的賭徒心理與投機行為,從而造成股市的大起大落與劇烈震盪。要改變這種非理性亂象,既要完善股市法規,加彊鑑管,懲治非法套利與操縱行為,更要從提高投資者自身素質抓起,普及股市投資知識,教育和引導廣大投資者理性投資,戒除過度投機行為,樹立市場信心,理性參與。
근래중국고시폭창폭질인기료고시진탕여투자자적공황。관우중국고시폭창폭질적원인존재각충관점,기유“주공론”,우유“외자음모론”,야유기출성원인즉전기폭창인기포말론。필자인위,중국투자자과도투궤심태여비이성행위재시출현폭창폭질적주요원인。불소고민여궤구투자자입시목적시“일야폭부”,병포유무풍험투리심태,저충입시목적결정료투자자적도도심리여투궤행위,종이조성고시적대기대락여극렬진탕。요개변저충비이성난상,기요완선고시법규,가강감관,징치비법투리여조종행위,경요종제고투자자자신소질조기,보급고시투자지식,교육화인도엄대투자자이성투자,계제과도투궤행위,수립시장신심,이성삼여。
Recently , the rapid ups and downs in China ’ s stock market leads to the fluctuation of this market and the panic of investors.There are so many different opinions on the causes for that , namely the opinion of “short selling”,“the conspiracy of foreign capital”, and“bubble brought by previous rapid ups”.The authors believe that the main causes are Chinese investors ’ undue speculation and irrational behaviors.The purpose of some individual and institutional investors to invest in this market is to realize being rich overnight and risk -free arbitrage , which determines their gambling and speculative behaviors and leads to the rapid ups and downs in this market.To change that , we should not only perfect the related regulations , strengthen supervision and punish the illegal behaviors , but also improve the investors ’ quality , provide more education.