Core Viewpoint - The focus of listed companies should not be on reducing holdings but rather on achieving high-quality development [2][3] Group 1: Market Dynamics - To push the A-share market back above 4000 points, it is essential to increase revenue and reduce costs, encouraging savings to flow into the capital market [3] - Companies should ensure that the amount of dividends exceeds the fundraising scale from IPOs and private placements, and share buybacks should prioritize controlling sell-offs [3] Group 2: Corporate Governance - Major shareholders should allow for liquidity but must first elevate the stock price before reducing their holdings [3] - There is a need for education for both issuers and investors, with a call for professionals in the financial sector, including brokers, lawyers, accountants, and appraisers, to undergo re-education [3] Group 3: Legal and Ethical Responsibilities - Every listed company should pledge to uphold securities laws on the day of their IPO, emphasizing gratitude towards shareholders and a commitment to legal and ethical standards [3]
未来20专刊 | 刘纪鹏：A股4000点，上市公司别把精力放在减持上
Sou Hu Cai Jing·2025-12-03 10:08