易会满被查！A股五年“IPO大卖场”成绩单出炉

Group 1 - The core viewpoint of the article highlights the mixed performance of the A-share market under the leadership of Yi Huiman at the China Securities Regulatory Commission (CSRC), with the Shanghai Composite Index rising from 2497 points to 3351 points, reflecting a cumulative increase of 8.76% over five years [1][3] - During Yi's tenure, nearly 2000 new companies were listed, averaging almost one new listing per day, indicating a significant transformation of the A-share market into a "global IPO marketplace" due to the implementation of the registration system reform [1] - The article presents contrasting opinions on Yi's performance, with some praising him as a "reformist" for the successful launch of the Sci-Tech Innovation Board and the Beijing Stock Exchange, while others criticize him for focusing on financing without substantial market returns, as evidenced by the sluggish index performance [3] Group 2 - Following Yi's departure, the A-share market experienced a "slow bull market," with the Shanghai Composite Index reaching 4000 points in 2025, raising questions about the impact of leadership changes on market dynamics [3] - The article invites readers to evaluate Yi's five-year performance, weighing the index's modest growth against the influx of new listings, prompting a discussion on whether to commend him for stabilizing the market or to question the sustainability of this growth [3]