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3. Reform of comprehensive registration system(Write something casually whenever you want to keep it for yourself.)The mature stock market is registered, which is linked with the developed short-selling mechanism of individual stocks. The high elimination rate of Nasdaq and a large number of fairy stocks in Hong Kong stocks are all formed under the joint action of the developed short-selling mechanism of individual stocks under the registration system. The registration system makes the issuance and listing of new shares convenient and easy, and will be short-listed and rarely become a "shell resource".

First, the relationship between the big bull market and the great changes in the capital marketSecond, the stock market ecology under the registration system1, the relationship between 519 market and policy change.

First, the relationship between the big bull market and the great changes in the capital market