Touch ofsun ? Hide filled with chill . This month I didn open a door . On September 27th, the Shanghai index a 2.6% increase of the grand line clean to Zhang Yuyun (a pseudonym ) are on the face ,she is Guosen Securities calm nine road Shenzhen business department (hereinafter referred to as the letter country peaceful nine ) investment manager ,the team of dozens of people ,this month only two people completed basic task ,barely able to get the Commission commission . The letter peaceful nine is fame the cattle business department ,the name has appeared in the amount of the transaction on the top .In the stock market boom years ,every streams of people busily coming and going crowded bazaars and lively ,than ,those with nine calm way of catching Niugu investors ,like playing chicken as busy formalities ,participate in the investment activities and each other out various kinds of news . In September 27th this is a rare rebound 阳线trading day,first floor hall is still open are empty ,is among a few rows of seats empty, three two old man standing by the door in front of computer through K chat ,to the left of the work window is uncommon for someone to work . The most cattle business department has reached thousands of marketing staff ,now suddenly reduced to 400 people, leaving days in hell .Zhang Yuyun said like they do still have years of storage quantity customer base ,we can rely on the rest on its laurels, but it also can hold, the later is more miserable . .. ... Zhang said since the beginning of this year some of the colleagues of wages is a negative number, fell below two thousand points when her mood and confidence has dropped to the freezing point , go on like this don insist on . The letter peaceful nine is clearly not the case ,as the A shares in 2000 near the struggle ,and the most cattle business department securities brokerage people of a similar story is more common on the securities business department . A business department it is a success to the heroes of the tragic era . China Times reporter investigation to see ,in Guangzhou has a stock with a long tradition of Tianhe Road North had gathered in the CITIC ,Shen million ,merchants ,the letter and many other major suit brokerage fist business department ,with prices when, every hundred meters away from the stands shouted stock the passers-by ,send information of different securities business department of marketing ;now they have almost disappeared . Contact reporter a few years ago encountered a claimed to have nearly 10 years of experience in securities investment securities investment manager of a major suit Mr Deng ,the other end of the phone that he had several months ago diverted in a real estate intermediary business manager . September 28th afternoon ,reporters came to the Shenzhen overseas Chinese road deep investment Plaza are located in 8 buildings ,10 buildings of Huatai Securities ( 9.64,0.25,2.66% ) business department ,Zhejiang Department of the securities business ,the hall has a customer ,the latter even office is the people to the real space . The staff explained: bad market, coupled with the double close ,some of which have been first holiday . Although in recent years the margin in the pilot ,to finance the new services such as hands and feet to go under ,but still hard to live at the mercy of the elements fate ,winter comes ,a new account ,transaction volume index based multiple pressure stockbroker became first compression cost expense object . In fact ,the business department now basic to cost compression limit space ,one in a securities business department work more than 10 years of securities business department responsible person said : like the abolition of the retail hall compression site area, reduction agent these means several years ago with almost . According to the person in charge, now basic to maintain operation of the rigid cost is reduced ,in order to retain the family ,business department are stem from the securities investment outside the sideline ,some give customers find developers group purchase house ,investment report will become the subject of a liquor ,luxury investment ,some sales department sword going out on a limb ,using a variety of relations from the sale of bank financing ,real estate trust products . Still rely on traditional business brokers boil eat brokerages day is go from bad to worse ,profits continue to decline and loss to expand the trend started in August increased .Southwest Securities ( 9. 55,0.05,0.53% ) was issued in August 137000000 economic information daily forecast ,the Sea Securities ( 9.50,0.02,0.21% ) in September August announced that the preliminary estimates the loss of 4060000 yuan . Last few years downturn for brokerages resources increasingly thin ,the brokerage industry total assets already by 2010 1.97 yuan drop to the end of 2011 of 1.57 yuan ,with the banking ,insurance ,trust industry in successive years increases tendency to draw further apart ,brokerages have exclaimed lament: brokerage has been marginalized ,the stock market has no investment value ? Broker is a live at the mercy of the elements in the industry, we have not experienced in winter, but never so tangled and confused ,market sentiment pessimistic to the extreme . South of a major suit senior broker Mr. Wang exclaimed , this time if not margin of regulatory norms, do not know how many firms will fall . It is reported ,2002 to the 2006 round of big bear market, so that even the old South securities firms more than a dozen firms have to fall . The public offering ,private people day is a science .64 fund company in 2011 has been a loss of 500000000000 Yuan ,the market downturn and fell so many small company fund scale rapid shrinkage . Shenzhen, a fund company market senior personage: some of the fund size shrunk to less than 1000000000 yuan . But since this year with the winding of the private continued to increase ,have been some have private bosses retreat forest ,had played a dish pig days . 2000 .National day long before the last two trading days even received two rare line ,long suffering, restore justice reversal will have ?Since the 9 ,7 the record of 13 month to the biggest single-day rise records were also subsequently and come more significant decline after smashing ,institutions seem to be not easily make the entry signal pre - judge ,that some reversed , glimpses of a new round of market is about to start . to attract investors admission business department even by some investors cheater diatribe ,traders expect to see someone who never comes eat quotes misjudged ,new funding approach is scarred . Now ,the 2000 point was not brought to the market a joy , the holidays ,for everyone to eat moon cakes ! Shenzhen several private equity investment fund managers will this dubbed the send moon cakes . In the letter ,and GF Securities to investors in messages called rebound can continue to still need further observation ,investors wait-and-see qingcang .The British Institute of securities Li Daxiao ( micro-blog ) opinion, on September 27th afternoon stocks consistent pulled appear odd, a unified command of capital approach ,at 1 ∶ 15and 1 ∶ 30particular abnormal condition boost, four lines ,in the oil, Sinopec stock index has the consistency of action . Our reporter was informed that ,by some accounts the holdings Huijin has .The national team again enters the signal and the rumors of a pressing matter of the moment is to the market . but let the market more disturbing, some securities professionals call : don 9 ,27 this policy in the rumors and introduced the immeasurable bounce hopeful . The famous economist Han Zhiguo on the night of micro-blog more is known ,the stock market also experienced bloody, the stock market rebounded ,can have a more relaxed holiday ,but the market trend is still not optimistic . No amount of backlash for further down the accumulation of kinetic energy ,so the low volume ,rebound not as a great and space ,investors must be prepared for the long-term bear market . Inversion can not say ,or so much rebound normal ,before paragraph time also irrational ingredients in it ,at least do not have the reversal time .But at this point do not drop space ,at 2000 points on the lower back and forth to shock ,also not too much ,Louis Vuitton Monogram Handbags. In September 27th, a large fund company vice president, told this reporter said ,A shares are mainly economic dimensions ,economy more than expected ,and the outlook for the economy is not clear . In Li Daxiao ,the domestic economy bottoming out before long suffering ,investors will continue , economy in the four quarter, will turn up ,large-scale investment begins, real estate transaction price and volume have been warmer ,this adjustment will be more stable ,not overly hit pressure . While the fund company vice president holds similar views , I think the four quarter may have bottomed out ,but the four quarter still has a hard time ,the economy November still difficult . General every November will determine the direction of the market ,some funds into the enter, the on out . From the fund holdings ,to the present stage the stock market still cautious attitude . According to the China Merchants Securities ( micro-blog ) ( 10.32,0.21,2.08% ) estimates show last week ,all partial stock funds ,stock funds and the mixed fund average calculated positions respectively 66. 7% ,71.2% and 59.3% ,over the previous results were decreased 3.17% ,2.83% and 3.74% ;the active reducing warehouse fund accounted for nearly 60% ;ten fund company nine Jiancang ,Castrol ,Huaxia ,GF Jiancang ,only Huaan initiative opening . In China Merchants Securities researcher Gao Xinwei view ,the market mainly concerns economic data showed no improvement ,the lifting of the ban in October spring tide and the Diaoyu Islands incident escalation of the conflict . Depth of key or pessimistic ,up to worry about ,what is the reason for the stock market to become nervous ? No investment and wealth effect ,see foreground and hope ,personal ,institutional investors seem to be on the market do not have confidence . I think the time is not mature ,no institution ever in such market conditions easy opening . Shenzhen private old floorboard ,since he 9 .7 rose after the halt the troops and wait ,some have funds ready to approach , operation after a day, dare not move . 4 years ago, a government investment of 4 trillion economic stimulus shot down ,the Shanghai Composite Index 1664 points in the reversed ,prev 7.27% one-day surge .In the last round of 4 trillion stimulus plan to bring inflation ,industry ,cyclical surplus and other sequelae have not been fully digested before, economic structure transition difficulties at present, market worries, a new round of development and Reform Commission two reply trillion investment project although stimulated when the day rises sharply ,but difficult to repeat demonstration effect . On the contrary, the market in deeper decline before reality scars deepen ,collective institutions .As regulators of the CSRC ,except the president to call ,come on stage in succession series Weiwen policy :the management of insurance funds from securities fund ,32 to do poineering work board company collective commitment at the end of the year is not reduced its stake ,reply more QFII line . Even the market calls for a IPO excess phenomenon also begin substantive slowing the pace ,in 2012 July a total of 20 listed A shares, the total financing of 11700000000 yuan .And by August was significantly reduced ,a total of 15 enterprises to choose listed A shares, the total financing of 7290000000 yuan . In September, IPO is entering the window period .But the market is still considered the Commission did not appear as the key nodes .According to incomplete statistics ,in recent three years, the IPO and limited ban the sale of shares in A stock market on both the free circulation of the market value increment is 90000000000 yuan . And the stock market are much smaller than the number of incremental funds , shares fell ,reduced the flow of the market value is almost inevitable .In the securities business personage looks ,A shares many imbalances , supply and demand balance ,to the investment and financing the relationship should be balanced ,the primary market and the secondary market to balance two . Li Daxiao thinks ,with the introduction of funds rate to design financing rate .On the other hand ,tangled in the pile up in excess of requirement ,IPO corruption and listing Corporation executives ban cash flows behind the heavy interest seeking the market as two investors nightmares and stir meat machine , some gem executives ever earn to reduce cash money ,Louis Vuitton Monogram Bags. According to relevant media statistics ,in October the first batch of gem landing 28 Enterprise Inc the size of the lifting of the ban is expected to 3600000000 shares of the lifting of the ban ,the market value of more than 50000000000 yuan ,equivalent to 28 of the GEM companies over the past 20 years the total profits . The upcoming October lifted turbulent and additional financing are brought to the market pressure ,Shitong Asset Management Ltd chairman Chang Shishan in a recent survey of company of the lifting of the ban ,in almost all of the shareholders to reduce the pocket for security ,is a psychological ,two of its industry is not valued ,three of the market is not optimistic . Chang Shishan believe that the A shares problems lies in ,have been the policy of the city,newest louis vuitton handbags 2012, not the market, listing Corporation are not high quality enterprise, real quality of the enterprises can be listed ;at the same time ,exit mechanism of listing Corporation is perfected urgently , mud and sand ,dragons and fishes jumbled together , all, policy intervention in the market less return to the market ,let the market itself ,strengthening the financing system of IPO ,IPO delisting system ,setting a fair system of rewards and penalties .