【新唐人2014年12月25日讯】在2014年将走进尾声之际，中国股市经历了一场戏剧性的高涨回落。大盘仅用五周左右时间，从2400点上涨到3000点，之后出现骤降暴跌，过山车式的股市行情，让中国股民在寒冬里着实经历了一场躁动。外界提出质疑，中国的股市大起大落，到底是谁在操纵？
在中国股市近期上涨之际，中国证券监督管理委员会(China Securities Regulatory Commission)正在调查可能的股价操纵行为。首批卷入调查的18只股票，包括中科云网、百圆裤业、兴民钢圈、山东如意、湖南发展、铁岭新城等全线跌停。目前，涉嫌操纵股市的机构和个人已被立案调查。
《新唐人》特约经济评论专家杰森•马：“中国股市归根到底还是中共想办法给自己的党企、央企、政府企业融资的大环境，它不希望这个地方彻底做得太烂，基于这样的目的，它要维持一点股市的秩序，换句话说，它就得要把长年以来在中国股市存在的操纵股价的行为来打击一下，至少你要在街上能让生意做好，总得把一些地痞流氓打击，或者压制压制，但是它的根本目的是为了要给央企、党企融资。”
据公开的资讯，中国大陆的股市在逼近2014年末的时候，出现了罕见的在短期内的“暴涨暴跌”的现象。
12月5号，沪深两市成交突破万亿大关，创出历史新高。12月8号，沪指在时隔44个月后重上3000点大关。12月9号，股市在“疯牛”狂飙般逼近3100点之后骤降，跌幅5.43%，创2009年8月31号以来的最大单日跌幅，多家个股跌停。股民用“满仓踏空”、“涨停跑输”来形容这一轮的股市暴涨暴跌。
《新唐人》特约经济评论专家杰森•马：“虽然谁都知道，中国股市实际上是一个赌场，本身来说的话，并不是一个长远可以长期得到稳定收入的地方，但是因为没有投资取向，所以大家也都这么跳进去一试。”
有网友说，中国股市真的连赌场都不如，背后的黑幕管理有猫腻。网友还举例2014年几个事件，股票代号600228昌九生化，赣州稀土借壳，闹剧终结，连续10个跌停，最终散户买单。代号600087长航油运，堂堂央企，国油国运，黄金水道，门槛之高，不是任何一家企业能媲美，但已经告别中国A股市场，整理期股价暴跌，中小投资者损失惨重，最终进入三板市场。代号601268二重重装，因为连年亏损，上市4年将退出A股市场，又是一家央企，创造中国股市最快退市企业。
美国南卡罗莱纳大学艾肯商学院教授谢田：“这种金融骗局在中国现在有很多很多，我觉得首先对中国老百姓来讲，他们缺乏对于金融知识普及性的教育，就是老百姓大部分不知道金融产品的风险，他们现在都是盲目的相信共产党，相信共产党的国有银行，甚至相信国有银行里面的职员、官员，这实际上是完全错误的。”
根据美国《华尔街日报》报导，中国股市上涨，主要得益于短线投机者押注货币政策放松，而非投资者长期看好中国经济。
《新唐人》特约经济评论专家杰森•马：“其实谁都知道，中国股市是政策式，政策来自哪？来自中央来自中共吧，所以你要是说中国的股市看啥？不看经济表现，主要是看政策，一个政策出来远远超过很多经济数据，大家都知道中国数据都可以造假，但是政策往往可以使一个领域从盛到衰，就是一夜间的事。”
大陆财经作家吴晓波说，中国股市的标配不是价值挖掘、技术创新、产业升级，而是“人民日报社论＋壳资源＋并购题材＋国企利益”。他说，这个股市从诞生的第一天就是“怪胎”，就如同米兰．昆德拉曾经写的：“事情总比你想像的复杂”，在中国股市发生的那些故事，谜底总比你想像的还要阴暗。
采访/易如 编辑/黄亿美 后制/建铭
Who Is Controlling The Chinese Stock Market?
As the year 2014 comes to a close, the Chinese stock
market experiences a dramatic roller coaster ride.
Within a mere 5 weeks, the market rose from 2,400 points
to 3,000 points before plummeting all the way down.
The highly erratic scene at the stock market made Chinese
investors all the more uneasy and restless in the chilly winter.
The outside world is beginning to question, who is
manipulating and controlling the dramatic rise and fall
of the Chinese stock market?
During the recent rise in the Chinese stock market,
the Securities Regulatory Commission of China investigated
possible manipulative behavior over stock prices.
The first batch of 18 stocks rolled into investigation include
“Zhongke Cloud Network”, “Baiyuan Legwear”,
“Xingmin Wheel”, “Shandong Ruyi”, “Hunan Development Co”,
and “Tieling New City”.
They have been suspended on the stock market.
At present, organizations and individuals suspected of
manipulating the market have already been rounded
up for investigation.
Jason Ma, NTD TV economic analyst: “The bottom line is that
the CCP wants to maintain a positive environment
for investment to fund its party organizations, central
enterprises and other state owned enterprises (SOE).
It does not want to completely mess up the investment scene.
Therefore, it wants to enforce a certain degree of order
in the stock market and its first step is to give the manipulative
elements that have been influencing the Chinese stock
market all these years a big hit.
If you want to run business properly on the streets,
you have to exert some control and pressure
over the street thugs.
However, its ultimate aim is to attract financing
for its state owned and party owned enterprises.
According to public information, the Chinese stock market
experienced a rare short-term “spike” phenomenon
towards the end of 2014.
On 5th December, the turnover for Shanghai and Shenzhen
exceeded the one trillion mark, creating a new record in history.
On 8th December, the stock index climbed to the 3,000 point
milestone after 44 months of slumber.
On 9th December, the stock market suddenly plummeted
after a brief bull rush towards the 3100 point.
The fall of 5.43% was the highest single day decline
since 2009 and many stocks hit rock bottom.
The community of investors described this stock market spike
as “empty and useless hope”.
Jason Ma: “It is common knowledge that the Chinese stock
market is like a casino.
It is not a place to get stable and long term returns.
Without a larger investment strategy or outlook,
everyone jumps in just to have a try.”
Some netizens commented that the Chinese stock market
has a shady management and it is inferior even to a casino.
They cited a few examples in 2014.
Cangjiu Fertilizers, stock code 600228, undertook backdoor
trading in Ganzhou rare earth.
The farce eventually ended after 10 steep falls in its stock.
Changhang Oil Supply, stock code 600087, was a grand
central SOE.
It engaged in national supply of oil and was perceived
by many as a fountain of wealth.
However, in the consolidation phase, its stock price
plummeted and it had to exit the A-share market,
causing heavy loss to small-medium investors.
Another heavy equipment company, code 601268, incurred
losses year after year and had to exit the A-share market
after 4 years of listing.
This central SOE is the fastest enterprise
to delist from the Chinese stock market in history.
Professor Frank Xie from University of South Carolina,
Aiken School of Business: “These financial frauds are very
common in China.
I feel that on the whole, ordinary Chinese people lack
basic education in financial literacy.
Many of them do not appreciate the risks of financial products.
They put blind faith in the CCP and believe in the CCP-owned
banks.
They even believe in the employees and officials working
in these banks.
Their trust is completely misplaced.”
Wall Street Journal reported that the rise in Chinese stock
market is driven by the relaxation of policy over short term
investments and speculations, rather than genuine belief
in the long term outlook of the Chinese economy.
Jason Ma: “Everyone knows that the Chinese stock market
is driven by policies dictated by the CCP.
Therefore, the Chinese stock market does not reflect
economic performance, but rather, the state of party policy.
A policy is far more powerful than economic data.
Everyone knows that in China, data can be fabricated,
and a policy can shut down any field overnight.”
Finance writer Wu Xiaobo said it once:
The standard of Chinese stock market is not based on value
creation, technological innovation, industrial progress
but rather, “commentaries from the People´s Daily,
shell resources, M&A themes and the interests of SOEs”.
He said that this stock market is a deformity
ever since its inception.
Just like what Milan Kundera said, “The reality is more
complicated than what you can imagine”.
The stories behind the stock market in China
are often darker than you think.
Interview/YiRu Edit/Huang Yimei Post-production/JianMing
