On the morning of September 9, seven retail investors from all over the country came to the CSRC again. In this dialogue, the relevant responsible person of Shanghai Stock Exchange, surnamed Li, said that some suggestions of retail investors had been adopted.
Since the dialogue on January 15, retail investors have repeatedly come to the CSRC and Shanghai Stock Exchange to reflect their doubts about the establishment of the system, and finally have a preliminary response.
"As for the suggestions of retail investors, we will discuss and study them after going back, and have decided to make two adjustments to the creation system." The person in charge of the Shanghai Stock Exchange, surnamed Li, said that, in fact, since March 31, the Shanghai Stock Exchange has notified the creation brokers that the creation of China Southern Airlines' put should be announced one trading day in advance, and the creation brokers should not buy or sell the created warrants in the secondary market.
Previously, the creation announcement was made on the day when the creation warrants were listed and circulated. Retail investors believe that the creation information should be announced in advance to prepare the market, and the announcement on the day of the listing and circulation of the creation warrants will often trigger sharp fluctuations in warrant prices. The person in charge of the Shanghai Stock Exchange said that, according to the statistics of the Shanghai Stock Exchange, 30% of the trading days of the creation warrants rose on the trading day of the listing and circulation of the creation warrants, but not necessarily fell sharply.
In addition, the person in charge of the Shanghai Stock Exchange also denied that the industry generally questioned the idea that the creation brokers would raise the price in the warrant market to obtain the best interests of creation. According to Southern Metropolis Daily
