Tuesday, November 23, 2010

Do not get to toss the stock market has increased the stamp duty

 The latest issue of to curb stock price bubble. In view of the
to suppress the stock market with the increase of stamp duty, which is some people regulators rigid and stubborn way of thinking. especially in 2007,UGG bailey button, , leading to stock collapse, this expert understanding of some regulators to increase the stamp duty Many market participants have to express their view that the A shares of the overall level of less than 30 times earnings is a relatively reasonable position, A-share market bubble yet, so now raise the stamp duty is not appropriate.
fact, whether A whether the stock market bubble, use a big stick to suppress the increase of stamp stock market is always inappropriate. regulators raise the stamp duty that should not be shouting people should see that increase the stamp duty does not contain the stock market bubble formation .2007 to curb the effects of the stock market bubble. While regulators raised the stamp duty from 1p to 3p, but the current index or by ; ago rose to 40 times later than 70 times the highest. Therefore, raising the stamp duty is not a panacea to curb stock market bubble.
Next, raise the stamp duty to curb stock market bubble,UGG boots clearance, completely reverse the development trend of China's stock market and the international stock market development trend, is the stock market regulator, the big setback. In recent years, China's stock market has been emphasizing the development of the market, to market it to the market to resolve. management even beyond the development stage of China's stock market, mandatory release market pricing of new shares issued shares of way. but with the increase of stamp duty to curb stock market bubble, is clearly the practice of the past policy of the city, with the Chinese stock market runs counter to the direction of development. In fact, to curb stock market bubble, can by adding Great strength and IPO efforts and other state-owned shares to the market means. and, from a global point of view, lower transaction costs, the abolition of stamp duty on stock transactions, which is an international trend. According to statistics, members of the International Federation of Stock Exchanges Most developed countries stop collecting stamp duty on securities transactions, such as the United States, early in 1966 to abolish stamp duty on stock transactions. Therefore, if China's stock market now have to raise the stamp duty, this is completely contrary to international trends, with international stock markets serious derailment.
more importantly, the lack of investment in China's stock market value already, and if the stamp duty increase,cheap UGG boots, which will only increase the cost of the investors, the investment value of the stock market even less. Statistics show that the stamp duty expenses investors in 2007 200.5 billion yuan (at current No investment value at all. particularly in the recently held Central Economic Work Conference, the central emphasis on costs and reduce the practice of investment income, was not conducive to the increase in income investors,Bailey UGG boots, is not conducive to expanding consumer demand, with the central emphasis of

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