For a long time, based on the development and changes of the internal and external situation, four forces have been formed to short China's economy and stock market. The first force comes from America. We admit that the United States has friendly power to China that cannot be ignored, but for a long time, the United States has also had the power to contain China. They use their dominant public opinion machine to constantly interfere with China's economic and social development; Short China by economic means. Their public opinion says that China's investment is unsustainable, real estate is about to collapse, banks are heavily in bad debts, and local debts are mired in a quagmire. They continue to put pressure on China in the fields of trade and exchange rate. Recently, they interfered with the AIIB process, used TPP to "contain" and even came to the South China Sea thousands of miles away to "defend freedom of navigation". A few years ago, they launched an index fund futures product that shorted China overseas, one of which was listed on the NYSE and the other on the Singapore Stock Exchange. By shorting these index fund futures, domestic institutions will be guided to short China.

The second force is some large domestic investment banks and fund companies. These followers of the American baton do not safeguard national interests, but only care about the interests of the group, chasing up and down, and creating rumors. In my opinion, as a national key financial institution, we should first follow the principles of maintaining market stability and preserving the value of large-cap blue-chip stocks. But it is a great pity that bank stocks fell below the net asset value and were still sold by some large investment banks; Some GEM stocks have a P/E ratio as high as 150 times or even 200 times, but some investment banks are still adding fuel to the fire; When the market index doubled in May, some investment banks were still encouraging investors to pledge shares for financing.

These investment banks not only failed to maintain the value center of the whole market, but also failed to do their best to remind customers of risks. Moreover, some institutions collude inside and outside to obtain funds to maintain national stability. So, what are the overall interests of the country and the market?

The third force is some ordinary institutional investors in China. They are too lazy to study the fundamentals of the economy and companies, the economic policies of the central government and ministries, and the cyclical laws of enterprises. Listening to the wind is rain. If you fall, I will smash it, and if you rise, I will push it. Totally mercenary. Once the market is unstable, they become accelerators.

The fourth force is hidden in some of our universities, research institutes, research centers and even government officials and scholars. They seem to be isolated, but they have become the "power layer" that serves the strategic intention of the United States. Some of them did "follow unconsciously", but others actively cooperated with the strategic intention of the United States and devoted themselves to empty talk and shorting China.