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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.The US stock market has a history of more than 200 years, and the US stock market has experienced two world wars. It is true that the US stock market is the most mature financial market in the world, and it is also a market where global capital flows in, so A shares are indeed a bit behind the US stock market! However, the A-share market is not as good as the increase of the Thai stock market next to it, which is a bit unreasonable! A shares should be well refueled!However, it is expected that the investment side and financing side of A shares can develop in a balanced way, and at the same time, it is expected that more high-quality companies will issue at a low valuation at the same time, with good companies and good prices and reasonable IPO fundraising quota, which will be better!

The IPO has started to blow again, and some economists said over the weekend that IPO should be normalized. Today, there are brokers who explain that IPO is expected to pick up in 2008. Next year's IPO will pick up, basically picking up. Up to now, there are 92 IPOs listed this year, and this year there are about 100.Our Public Offering of Fund has also experienced several rounds of great development, and now it has exceeded 32 trillion yuan. In 2022 and 2023, it made the first loss for two consecutive years. In 2024, the stock market returned to 3400 points from 2635. Three years ago, there were still many losses in the net value of 3731 funds, but as a retail investor, you can make money by buying a cosmic bank casually, or you can buy an index fund to make a fixed investment, so you won't still lose money now. Now some institutions are no different from ordinary retail investors.

Like the support, I wish everyone a victory!The US stock market has a history of more than 200 years, and the US stock market has experienced two world wars. It is true that the US stock market is the most mature financial market in the world, and it is also a market where global capital flows in, so A shares are indeed a bit behind the US stock market! However, the A-share market is not as good as the increase of the Thai stock market next to it, which is a bit unreasonable! A shares should be well refueled!The IPO has started to blow again, and some economists said over the weekend that IPO should be normalized. Today, there are brokers who explain that IPO is expected to pick up in 2008. Next year's IPO will pick up, basically picking up. Up to now, there are 92 IPOs listed this year, and this year there are about 100.