The social security fund is the national social reserve fund. Due to the increasingly serious aging problem in China, the investment scale of social security fund will only expand rather than shrink in the future. Transferring state-owned assets to social security funds can also make the environment of listed companies more open and transparent and reduce the synchronization of stock prices. It can play a certain role in the governance of listed companies. This part of the funds is also entrusted by the International Social Security Fund. We can also understand that this part of the money is used for the social security expenditure of the old-age insurance at the peak of the country's aging population, and it will only play a role when it is needed, which means that this fund is a long-term investment with a low risk factor.

China's capital market started relatively late, and now the stock market is like a roller coaster. Can the expansion of social security fund appropriately reduce the stock market? High risk? Let people who invest in value get more stable investment income. China's capital market is not yet complete, and some information transactions lack arbitrage, which is higher in stock price synchronicity. The transfer of state-owned assets to social security fund is of great significance to the information efficiency of capital market and the healthy and stable development of economy.

The transfer of state-owned assets to the social security fund also gives our investors a relatively clear investment route. We can choose to invest in stocks held by the social security fund, because the transfer of state-owned assets to the social security fund shows that the state funds are optimistic about the social security fund for a long time, that is, the investment targets of the social security fund are also relatively recognized. The fund managers of these investment targets have all helped to screen them once. Basically, the company's performance is reliable, and the funds with experience in social security fund management have stable performance and rank high. If these fund managers are not ranked high, their performance is very stable. We can invest in publicly issued funds managed by corresponding fund managers. These investment targets may not be obvious in a short time, but they are relatively stable in the long run and have certain benefits. When the market is bad, investing in them is a better choice.