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3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.Like the support, I wish everyone a victory!Like the support, I wish everyone a victory!

3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.A healthy capital market is that both the investment side and the financing side can develop in a balanced way, and the stock market can get out of the bullish market. There is no fraudulent issuance, no financial fraud, no illegal reduction in size, no manipulation of the market, and no constant thinking about cutting leeks. This is a good ecological environment.1. Guotai Junan Wang Zhengzhi: IPO issuance is expected to pick up next year. It is estimated that 150~210 IPOs will be issued throughout the year.

Like the support, I wish everyone a victory!A healthy capital market is that both the investment side and the financing side can develop in a balanced way, and the stock market can get out of the bullish market. There is no fraudulent issuance, no financial fraud, no illegal reduction in size, no manipulation of the market, and no constant thinking about cutting leeks. This is a good ecological environment.3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.