The main market maker is basically a concept. It is a common name and does not have a very precise expression. It generally refers to having a great influence (directly or indirectly controlling many shares) in a certain stock (or a few stocks) and is easy to control.

Or one or several people who affect the stock price.

What I want to say here is that if there is evidence of stock price manipulation, it is illegal.

Although the current cost of breaking the law is still very low and the state's crackdown is not strict, there is a line after all.

Institutions are a very broad concept. Institutions generally target retail investors, which is what we call institutional investors and individual investors.

The general characteristics of institutional investors are that they buy and sell stocks in the name of the company, have more funds and experience, and tend to invest in the long term.

The general characteristics of retail investors are that they have personal names, less funds and experience (in a general sense), and have uneven levels of securities knowledge, and are easy to follow suit.

Typical institutions include fund companies, securities companies, large financial companies, banks, private equity funds, social security funds, etc.

The concept of fund is also very broad. In the securities market, fund generally refers to an institution that pools the funds of many people to invest in the securities market on their behalf. It is generally divided into public funds and private funds.

Public funds are supervised by the China Securities Regulatory Commission, while private funds vary in quality.

Funds are certainly a type of institutional investor, but they are not necessarily market makers or main players.

Because public funds are subject to supervision, they need to report when opening an account, and the upper limit of the proportion of stocks they hold is stipulated. Therefore, it is difficult for public funds to obtain control of a certain stock or a few stocks through public means. Therefore,

It is difficult to become a banker or main force, but it is not ruled out that public funds form a group.

Because private equity is not regulated and the form of activities is not public, it is difficult to say.