摘要
以融资融券、股指期货、伞形信托资为代表的增量资金推动了这一轮'牛市',有人会赚得盆满钵满,也有人会亏得血本无归。从'熊冠全球'到'牛冠全球',2014年中国A股在几个月时间内成功'逆袭':以超50%的年涨幅成为全球股市的王者。进入2015年,证监会又批准上交所开展股票期权交易所试点,试点范围为上证50ETF期权。这意味着中国资本市场将进入期权时代,也意味着市场中的'杠杆'作用还在继续放大。
From the global top bear market to bull market,Chinese A shares put on successful counterattack within several months in year 2014,and became the king of global stock market by over 50%increase.Enter the year 2015,China Securities Regulatory Commission has approved Shanghai Stock Exchange of its stock option pilot,with the scope of Shanghai stock 50 ETF options,which means that Chinese capital market is going to enter option time,and also the leverage function in the market is being magnified.
出处
《支点》
2015年第3期68-71,7,共5页
PIVOT