only to hold shares in three parts. "Cut through the fog of economic" Forum

Message presented by the Hunan finance securities, hexun.com and Beijing TV the world financial joint cooperation with the Hunan finance financial Television Forum on November 27 at Renmin University of Western Ontario Matilda held by the information property. The event, man of the day – gathered in China's securities market economists, public-and private equity investment Director, Chief Economist at the brokerage. Forum around the economics-the fog, European debt crisis impact on shares, investment policies, three major themes. Forum has cut through the fog of economic Daniel, courageous approach, only to hold shares in three parts. "Cut through the fog of economic" Forum, the Economist Ma Guangyuan said barometer of stock market system, supervision. Following are economist Ma Guangyuan's speech record. Moderator: have a bright future, does this, and IWere listening to with too more has, from 2000 began I began contact bright future began, this a sentence words I listening to has 12 years, in here many people than I listening to of also long, please horse Dr to we analysis about, just several said of some said of is understand, said we this market, ring money this thing does quite let people headache, and recently this thing also comparison more, China hydropower ring money has, Chinese life, Also a Shaanxi coal money, the a-share markets, within a year, is it possible with the economy, has improved gradually clear. Ma Guangyuan: stock market prospects are bright, when in fact means that the reality is cruel. Just tell us stock market is a barometer of the economy, I think the stock market in China is certainly not, must admit this point, if there are economic barometers, I would like toWas very unfair to all shareholders. What is the stock market barometer, our performance shares, reflecting what is a reaction to what features, if you are really a barometer, the first is the barometer of a system, is that we have this system of capital markets a range of design, what exactly is to, agree with the view of the first three digits of our existingSystem, not as a place for everyone to establish investment, but a circle of money financing Forum, so the first is the barometer capital markets of the present system. 2nd barometer of supervision, give you confidence in the existing index itself, US regulatory standards are in line, our index is to what degree, so if there is a barometer, then these two barometers,So all these years, System supervision, I don't usually watch two things, first is the a-share markets in China, and the second is a Chinese football, both regulatory standard is also similar. Play is similar, so in this case, you in the end you will see their standards would only go down, not going away, so what can a bright future, I would like toChina shares market itself, to real win to future bright of when, is like you just told of China hydropower such of enterprise, he to considered about, I listed to ring shareholders of money this cost has more large, this funds your does not your, China stock market of funds, shareholders to China contribution of funds, in global most cheap of, because don't returns star wars the old republic power leveling, does not needs to shareholders paid more dividends, minCompany growth of earnings, listing an end in itself is well aware, why should China's hydropower can be listed, us by how much, what kind of return to shareholders, so I would like to say that back into the system and return to the regulatory, came back to us for purpose of the stock market, we have established what is the purpose of capital market, if we figure out this problem, I think this position is availableTo accept it. So I agree that future is very bright, but I think this road really, we in the first year had no market, no time, I'll take a look at, it may become President swtor power leveling, there may be a performance, but the tangle of China's capital market, lots of questions, do not hope that someone can change, so has anyone ever told China's capital marketDerivation of return, is to put that money into an protect investors ' interests. Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investor actions accordingly, and at your own risk.