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3. Tian Xuan: The China stock market is dominated by retail investors. This is not a healthy capital market. The bull market of US stocks is because retail investors no longer trade in person but invest through institutions.1. Guotai Junan Wang Zhengzhi: IPO issuance is expected to pick up next year. It is estimated that 150~210 IPOs will be issued throughout the year.

Like the support, I wish everyone a victory!The IPO has started to blow again, and some economists said over the weekend that IPO should be normalized. Today, there are brokers who explain that IPO is expected to pick up in 2008. Next year's IPO will pick up, basically picking up. Up to now, there are 92 IPOs listed this year, and this year there are about 100.2. Chen Guo: A-shares born in the 1990s have their own temper attributes and are not suitable for all-round benchmarking of US stocks at once.

This year, the Shanghai Composite Index has risen by nearly 500 points so far. At present, A shares have stepped out of the bullish upward trend, and the index will exceed 3,731 or even 4,000 points next year, so it should be reasonable to reach more than 150 IPOs next year!Like the support, I wish everyone a victory!However, it is expected that the investment side and financing side of A shares can develop in a balanced way, and at the same time, it is expected that more high-quality companies will issue at a low valuation at the same time, with good companies and good prices and reasonable IPO fundraising quota, which will be better!