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If we exactly characterize the state of China equity market, that is "dilemma". No any word can accurately describe the circumstance of equity market than "dilemma" at this point. China equity market has been hovering around 3000 points for ten years, which is so incredible.
This reflects the fact that is the lack of confidence, no matter institutional investors or retail investors, also reinforcing the reality of the liquidity crunch. Although the authorities has released and implemented some related measures, it seems like beating around the bush, failing to get to the root of the issues that the market concerns about the most.
What a healthy capital market requires is relatively fair trading environment. How to create a level playing field is the overriding concern for the average investors.
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