Xinhua: A growing share the full show long-term investment value.

Xinhua News Agency, issued July 28 Review of that from the beginning of this week, less than 33 trillion to 20 trillion yuan, the Shanghai and Shenzhen stock market value has shrunk sharply this year. .Behind this figure is on the part of investors to invest in the stock's huge losses. .A number of recent surveys show that in the near future a considerable number of stock investors at a loss. .People can not help wondering: have been so depressed the stock market's the attraction? .<P Style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> situation volatile capital markets, large investment in the stock market risk is well known now. .But the rational perspective, the stock market is because the investment risk, the possibility of the proceeds will be a corresponding increase, the value of long-term investment and investment is the true meaning of the stock market and provide investors with access to the wealth creating property income, all .One of the important functions of the stock market forever. .</ P> <P align=center> participation and sharing: the attractiveness of the stock market where the </ P> <P> about the stock market, people tend to think first of their financing capabilities and resource allocation. .In fact, the realization of these functions must have access to funds, that is, provided there is investor participation. .The reason why all living things to the stock market investment, it is mainly carried out in order of increasing the value of their wealth. .From this, one has to make the investment function of the stock market corporate finance in need of funding to the capital, in the national economic system can play a more important role in optimal allocation of resources. .</ P> <P> In fact, in any one market, property income for investors is the function of the stock market will never change. .Recalling the past decade China's stock market development process, can be found, although not a long time they have experienced many ups and downs like a stormy sea wave, although investors may be at a certain point in time, appeared more or less certain time, "Fukui ."But from a longer period, the majority of investors, in fact, gained from the stock market is still a good property income, the Chinese stock markets still reflect the overall investment of its inherent features. .</ P> <P> of the SFC, the statistical data, with the landing of large enterprises have high A-share market and listed companies starting to focus on dividends, from 1992 to mid 2007, total cash dividends of listed companies reached 603 billion yuan, .ordinary investors by investing in the stock market actually sharing the fruits of economic growth in China. .</ P> <P> It is because of stock market development, China's investment products the savings from the early single, extended to the stocks, funds and other financial tools, investment and financial management awareness of the masses gradually increased, the number of investor accounts by the .8.35 million in 1992 increased to well over 100 million today. .It is due to the development of the stock market, a large number of ordinary Chinese people began to care about business and macro-economic development, substantially increased its participation in national economic development. .</ P> <P align=center> long-term investment value: more fully apparent in the Chinese stock market </ P> <P> Over the years, despite the continuous double-digit economic growth hit a miracle, but because of the share .Purchase and other historical issues, limiting the stock market macro-economic "barometer" of the role of the investment function to play the stock market was also severely constrained. .Into the circulation time, the market is running more and more to reflect the macroeconomic situation, although there will be a temporary deviation, but in the end will return to the same track with the fundamentals. .</ P> <P> thicker atmosphere in the speculative market, most people tend to focus on short-term investment returns, which inevitably gave rise to greater risk. .The ups and downs ups and downs of the stock market is normal, no one can accurately predict short-term rise and fall of all the stock, so the stock market return and risk is always co-exist. .</ P> <P> But in the long run is not the case, long-term determinants of investment income is the enterprise, industry and macroeconomic fundamentals, short-term ups and downs of the stock market will be replaced by long-term economic trends, investment in the stock market .curve will become smooth, which greatly enhanced the predictability and reduce the associated risks. .A large number of facts have proven that the average long-term investment return than short-term investments. .</ P> <P> famous investment guru Warren Buffett has been a lot of people respect as the "stock god", careful analysis of its investment art, can be found in the "stock god" the key to success is to stick with and have long-term sustainable competitive advantage held by .stocks. .It is with this philosophy, Buffett's investment career in 50 years to get a great return on investment. .</ P> <P> view of this, as long as the sight long-term, sustainable competitive advantage with selecting the right financial products, adhere to long-term holding, not for short-term fluctuations in the highly speculative gains may move, there must be .better return on investment. .</ P> <P> Needless to say, as long as a country's macroeconomic maintain a rapid growth rate, the stock market will be able to support the favorable long-term upward, long-term return on investment also self-evident. .</ P> <P> present, for the better in the long-term prospects of the Chinese economy, although the main stock index this year, about 60% experienced a decline, but the A-share market value of long-term investment also been more fully excavated, together with .show effects of macro-control policies, China's stock market value of long-term investment there is sufficient reason to be optimistic. .</ P> <P align=center> the efforts of regulators: for the investors to sweep clean "the room" </ P> <P> China's stock market growth in its long history of not playing a very important role for the state-owned assets .Capital has provided a very important platform and window, and promote joint-stock reform of state-owned enterprises and establish a standardized modern enterprise system. .In recent years, China's major commercial banks and shareholding system reform through the introduction of strategic investors and listed capital adequacy ratio improved to achieve a diversified ownership structure, and improve the corporate governance structure. .</ P> <P> in the process, many investors contributed to a broad and active participation. .In the process, create a favorable investment environment to play with the responsibility of regulators, investors are never forgotten, always put the protection of the legitimate rights and interests of small investors, as their bounden duty. .</ P> <P> especially in recent years, regulators in the market system and rules of construction and improve the stock market investment environment, strengthen the market supervision of law enforcement to protect the legitimate rights and interests of investors, a lot of fruitful work. .Tradable share reform and the final completion of bold advance, completely rewritten the development pattern of China's stock market, for all stock market investors to create a true "right with the shares of the same" system environment, this historic breakthrough on the Chinese stock market will .the healthy development of the play a more active role in promoting. .</ P> <P> is worth noting that, regulators, shareholders in recent years, efforts to fight against, in particular, the behavior of small shareholders, law enforcement unprecedented increase. .If investors still remember the "debts tough fight" to promote the Iron Mask by regulators, listed companies were eventually occupied most of the recovery of assets, debts basically completed the task. .Again, this year, the Commission inspection system of illegal activities on the securities market formally opened 78, 42 in the first half of investigations, the transfer of the Commission's 31 administrative penalties, the transfer of public security organs of 11 cases investigated significantly faster ... ... The .are the regulators, investors clean room, so they can rest assured access to the forceful measures. .</ P> <P> "mountain heavy water complex crows." Can borrow the Southern Song Dynasty poet Lu You of the famous, to describe the "emerging and transitional," the China stock market development process. .Macro-economic situation in China, driven by good development, one can confidently expect, with the investment environment in China's stock market to further accelerate the positive evolution for the majority of investors to create wealth, property income will be more opportunities, but also more equitable .. .</ P>.