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日前,国务院办公厅发布《关于进一步加强资本市场中小投资者合法权益保护工作的意见》(下称“国九条”),引起市场强烈关注。“国九条”对于保护广大中小投资者而言,意义重大,堪称纲领性文件。长期以来,我国资本市场的重要“基石”——广大中小投资者合法权益常常受到侵害。某种意义上,A股市场表现出“牛”短“熊”长的典型特征,与中小投资者保护不力密切相关。无论是从保护中小投资者的角
Recently, the General Office of the State Council issued the Opinions on Further Strengthening the Protection of the Legitimate Rights and Interests of Small and Medium-sized Investors in the Capital Market (hereinafter referred to as the “Nine”), arousing strong market concern. “National 9 ” for the protection of the majority of small and medium investors, of great significance, called programmatic documents. For a long time, the important cornerstone of China’s capital market has been the infringement of the lawful rights and interests of the vast majority of small and medium-sized investors. In a sense, the A-share market shows the typical characteristics of “short” and “long” bear, which are closely related to the weak protection of small and medium-sized investors. Whether it is from the corner of protecting small investors