To this problem, daily economy news edits Yang Jun to think:
Drop when all stocks when, your deficient money goes which, the money that perhaps says the stock market to go up is " evaporate " . This has a misunderstanding actually. We need to make clear above all is, this kind alleged " evaporate " , be not a loss real money.
The stock is a kind of commodity that will quantify with money. It and common commodity basically do not have distinction, the value of this kind of commodity and market are concerned to its appraise value. Alleged appraise is worth even if be based on anticipated negotiable securities price, it is a kind of fictitious economy actually. When the stock rises, holding a person is float only be filled with, when the share drops, holding a person is float has a deficit only. This kind rises or drop even if change as a result of what anticipate, namely appraise is worth change. For example, you have an antique, the expert says to be worth 100 thousand yuan, spend period of time, someone says to be worth 1 million yuan, your fortune (fictitious) increased, but do not have person be out of pocket. Spent period of time again, someone says to be able to be worth only 500 thousand, your fortune (fictitious) decreased, but also make money without the person. This is the price change that appraise value brings, do you say this time which went to this money? The stock market manages together, everybody " the stock is worth how many money " confused with the capital of the flow in the stock market. Somebody thinks the stock is worth how many money, there is the money of same amount in the stock market, be worth shrink when stock price 20% , they can feel to equivalence also disappeared at the money of 20% .
The Qian Zheng in so-called stock market was sent, it is to show the stock devalues be equal at loss of how many fund, not be to have brushstroke really equivalent Qian Zheng was sent, it is stock market prise was reduced only. Take an apple give an example, you have an apple, the apple sells 3 yuan today, will depreciate tomorrow sell 2 yuan, your apple still is an apple, but go up from value, your loss 1 yuan, this evaporates namely.
For instance everybody can say this company normally " market prise " 10 billion, it is to mark a price actually 10 billion, real value does not have so much.
Why can you produce the difference between the price and value? Quote mechanism is main reason. The market " top quoted price " importance is greatly outstanding, should have only very the high quoted price of grain clinchs a deal, can " market prise " push tall. If want a market prise really,the stock of 10 billion hangs high price to sell completely, that affirmation cannot clinch a deal entirely. Even if enough person is received dish, that clinchs a deal the price also is met lower and lower, bring about finally clinch a deal amount is less than far 10 billion.
The share won't produce extra money. The stock market drops greatly market prise decreases to do not have an influence actually to monetary amount, money did not evaporate actually. Gross did not decrease.
The market prise on the stock market is an an eccentric person, it has belong to him exaggerated " digital lever " . In Hollywood film " wall street " in, arrowroot of financial big alligator ascends outstanding Kui (Gordon Gekko) have a classical talk, spoke the essence of wall street player: This kind of thing did not reduce cash, also did not increase, it is the pocket from this individual only, the pocket that turns to another person just.
Is knowing now who earned the money of your compensate?
A. Appear on the market company shareholder (IPO, again financing)
B. Country (stamp duty) with certificate business (commission)
C. Partial market handlers (gain profit dish)
As a whole, from the point of macroscopical level, the issue that nonexistent Qian Zheng sends the stock market, however the new configuration of capital, can evaporate only fictitious " market prise " .
Sum up, if you assume the participator of this stock market and financing volume are certain, come in without new shareholder namely, so what you earn is the money with deficient others certainly; But this is not actual condition, accordingly " the money that earn " if must looking for a pretext, origin is to receive the fund that enters the stock market newly. If earn money the person exited the stock market, so the money that he makes is falling in bursa really, it is paper number otherwise just.
