what is crypto industry- Top Knowledge graph

Second, the stock market ecology under the registration system2. Share reform marketThe 519 market and the extended Internet market are the landmark market in the era of non-tradable shares. The biggest change of this round of market is the promulgation and implementation of the Securities Law on July 1, 1999, and the capital market has entered the era of rule of law.

2. Share reform marketFirst, the relationship between the big bull market and the great changes in the capital market1, the relationship between 519 market and policy change.

3. Reform of comprehensive registration systemIs there a bull market? (6) The relationship between the big bull market and the big market change.The mature stock market is registered, which is linked with the developed short-selling mechanism of individual stocks. The high elimination rate of Nasdaq and a large number of fairy stocks in Hong Kong stocks are all formed under the joint action of the developed short-selling mechanism of individual stocks under the registration system. The registration system makes the issuance and listing of new shares convenient and easy, and will be short-listed and rarely become a "shell resource".