The stock market opened on January 9.

The 2021 stock market opens for trading every working day and is closed at the following times: January 1 (Friday) to January 3 (Sunday).

The market will be closed from February 11 (Thursday) to February 17 (Wednesday), and February 7 (Sunday) and February 20 (Saturday) will be closed on weekends.

The market will be closed from April 3 (Saturday) to April 5 (Monday).

The market will be closed from May 1 (Saturday) to May 5 (Wednesday), and on April 25 (Sunday) and May 8 (Saturday), the market will be closed on weekends.

The market will be closed from June 12th (Saturday) to June 14th (Monday).

The market will be closed from September 19th (Sunday) to September 21st (Tuesday), and September 18th (Saturday) will be closed for the weekend.

In case of special circumstances, the securities company will notify you in advance.

The stock market faces a dilemma: China's stock market faces a dilemma.

The first difficulty lies in "entering" listed companies into the market. Under the current issuance system, the price-to-earning ratio is often high, the issuance price is high, and the money trapping effect is prominent.

Under the premise that the primary market eats up all the investment profits in the secondary market, investing in the secondary market is unattractive.

The second difficulty lies in the delisting of unqualified listed companies, which will harm the interests of many investment institutions and small and medium-sized investors.

In particular, some small investors cannot bear the huge losses caused by the delisting of listed companies.

Therefore, on the one hand, the regulatory authorities must strictly enforce the issuance system to allow listed companies with truly excellent performance and worthy of investment in the secondary market to enter the market; on the other hand, they must promote investor education so that all investors must be clearly aware of the unlimited risks and risks of investment.

Unlimited returns coexist. On this basis, we must vigorously eliminate unqualified listed companies to create a truly "clear water and blue sky" for China's capital market.

In this way, the price curve performance of the capital market will truly change with changes in supply and demand, and more funds will enter the market to chase listed companies with better performance. Only then will the capital market truly achieve healthy development, and direct financing methods will be able to

Only when it is truly sustainable can investor returns be truly sustainable.

Destroying confidence in China's stock market will jeopardize the overall reform. After the Shanghai Composite Index plunged 12.2% last week, many people are asking, "Will it plummet next week?"

It became a reality: the Shanghai and Shenzhen stock markets opened with a plunge, and the Shanghai Composite Index opened 3.7% lower, falling to its lowest point of 3,373 points on July 9, and then plummeted all the way, with the largest drop of 9.1%, closing at 3,209.91 points, down 8.49%.

The plummeting stock market is destroying the remaining confidence of investors, and this problem is extremely serious.

If you ask about the fundamentals of China's economy, there are actually no fundamental changes: not only the growth rate of major economic indicators remains within a reasonable range, but also structural adjustment is accelerating, and new growth drivers are growing day by day.

Since the beginning of this year, new progress has been made in the reform of key areas such as finance, taxation, finance, investment and financing; new expansion has been achieved in opening up to the outside world - domestic free trade pilot zones have blossomed one after another, and free trade agreements have been signed with some countries.

The "One Belt, One Road" initiative has been launched in an orderly manner, the AIIB agreement has been officially signed, the Silk Road Fund has been launched, and international cooperation in production capacity and equipment manufacturing has been accelerated.

Although it faces some difficulties, China's economic development has huge potential, resilience and room for maneuver. Its long-term positive fundamentals have not changed, its comprehensive comparative advantages in the world are still obvious, and its economic growth rate is still at the forefront.