What are the factors that influence thinking

What are the factors affecting thinking

What are the factors affecting thinking (1) traditional and fixed ideas.

Traditional concepts are an important obstacle to the innovation of thinking, which tenaciously defends the practical and social foundations on which it is based, and opposes thinking to transcend existing things. Influenced by the traditional concepts, people will stick to the old ways, stick to the old rules, with the old eyes, old ways, old ways to face new problems. It makes people's thinking by the original limitations of the thinking space, can not jump out of the original box, and therefore can not realize the original understanding and the existing world beyond. Therefore, the traditional concept is an important factor hindering the innovation of thinking, is the enemy of thinking innovation.

In addition to traditional concepts, there is a fixed concept. It refers to the concepts that people form in a particular field of practice and discipline. In that field of practice, the scope of the discipline a certain concept is applicable, but beyond this scope, they may become inapplicable. However, due to the inertia of concepts in thinking, people are always accustomed to using the existing concepts to recognize and evaluate the problems faced, regardless of whether the problem is beyond the scope of existing practice and experience. Thus, the so-called fixed concepts have arisen. The difference between the fixed concept and the traditional concept is that the traditional concept is focused on the perspective of time, from the historical aspect of the definition, while the fixed concept is focused on the spatial perspective, from the **** time to explain. Like the conventional conception, the fixed conception is the enemy of innovation in thinking. Because within the scope of experience to solve those routine problems, is not required to think what innovation. Once thinking goes beyond the scope of the original practice and discipline and enters a new field, the fixed concepts that only apply to the original field can only serve to exclude new ideas and stifle new ideas.

(2) thinking and thinking stereotypes.

The so-called thinking stereotypes refers to a state of readiness of mental activity, which affects people's thinking, the tendency to solve problems. When people think about the problem, more or less in people's minds will leave a kind of thinking inertia, this thinking inertia so that people in front of the new problem is still accustomed to thinking on the basis of the original ideas.

Thinking stereotypes are different from the traditional or fixed ideas mentioned above. Although the concepts will also form stereotypes, but the stereotypes mentioned here are more from the habit formed by the previous thinking process. Concepts are the accumulation of the content of cognition, while stereotypes are the accumulation of the form and method of cognition. Thinking stereotypes are essentially thinking habits.

Thinking stereotypes and thinking are useful for solving routine problems within the scope of experience, which can make our thinking familiar, simple, quick response to the problem. But they can only be an obstacle to creative problem solving. It makes people confined to a certain fixed reaction tendency, can not jump out of the box, can not open the mind, thus limiting people's creative thinking.

In the habit of thinking and thinking stereotypes, it is especially worthwhile to pay attention to the habit of the book only. This habit makes people no matter what problems they encounter, the first to think: what does the book say? What do the superiors say? Attempts to find ready-made answers to problems in books and instructions from superiors. Because the "book" and "on", are a kind of authority, political or academic authority, therefore, the habit of the book is also a kind of blind obedience to the authority of the habit, is a kind of authority stereotypes.

What are the factors affecting students' critical thinking Case: In teaching "some quick calculations of addition and subtraction of decimals", I showed a few exercises at the end of the new teaching, one of them is entitled: more subtracted ()

Empty: 27.45-20.7=27.45-20+ ()

It is obvious that this question is a result of the fact that I have not been able to find the answer to this question. >Obviously, this question was a deliberate clerical error on my part. However, in the process of completing the exercise, there was not a single student who raised objections, and most of the students answered as follows:

More subtracted (0.7)

27.45-20.7=27.45-20+(0.7)

After the lesson, a few students were asked: Do you think your answer is correct? The answers were roughly as follows:

(1) Correct in that 0.7 more was subtracted, 0.7 should be added, and more subtracted should be added.

(2) When I started to review the question, I thought the teacher had made a mistake on the question, but no one suggested it, so I thought my original idea was wrong, and filled it in that way.

Reflection: traditional teaching, invariably often put students in a passive submissive position, and over time students are prone to rely on negative inertia, the formation of the formation of not dare to raise objections, not good at thinking independently of the quality of learning. Ancient saying "learning is valuable to have doubts", doubt is a critical spirit, students' questioning not only can exercise their thinking ability, and on the basis of doubt, let the students explore the answer to the question, but also to cultivate the initiative to learn. However, because of various reasons, the development of critical thinking is greatly limited. Then the factors that affect the formation of critical thinking are those:

First, the influence of cultural tradition. Mainly individualistic culture, China since ancient times, there is a "personal self-sweeping snow in front of the door, do not care about others on the frost," the saying, so for students, group activities are difficult, let alone criticizing and correcting each other.

Second, the product of educational reality. Traditional education is to the memory and reproduction of knowledge as the basic goal, emphasizing the quantity and accuracy of knowledge, emphasizing the memory of existing knowledge, that is to say, traditional education is purely inherited education, this education is not conducive to the cultivation of students' critical thinking.

Mathematics is a rational discipline that pursues the simplicity and clarity of symbolic language and the rigor of logic. It is a very good carrier for cultivating critical thinking, and we should make good use of this carrier to consciously cultivate students' critical thinking in mathematics teaching.

One, the teacher himself should set an example, become a role model of critical thinking

People often say that "teaching by example is more important than words", which is also true in the development of the quality of students' thinking. Students always naturally imitate their teachers in their thinking activities. If the teacher's teaching thinking is also blind, dependent, it is difficult to expect students will have real critical thinking. Teachers can set an example in teaching in two ways: firstly, they should not be superstitious and follow the textbooks. Secondly, they should have the courage to self-criticize. Teaching inevitably have to make some mistakes, but as long as the humility to accept the criticism of the students, not at all detrimental to the image of the teacher, but rather make the students more admired, more respect.

Second, strengthen the double teaching, highlighting the thinking training, establish students independent learning self-confidence

Students' critical thinking can only be built on a solid double - "basic knowledge, basic skills" above, can be carried out. Without certain basic knowledge and basic skills, want to criticize and express opinions will not become empty talk? In teaching, attention should be paid to the use of flexible teaching methods, according to the cognitive characteristics of the students to carry out double-basic teaching. Students have a solid basic knowledge, master the method of learning, then when their own knowledge structure and learning tasks in contradiction to have the confidence to think, to comment, and will not easily trust others, obey others.

Three, guiding students to self-knowledge of thinking, strengthen the self-monitoring of thinking

The self-knowledge of thinking is to realize that students are thinking what they are thinking, and how they are thinking, monitoring their own thinking, can be considered in the encounter problem, put forward their own views. Specifically through the loose, stimulate, set up to carry out this work. Loose is to fully carry forward the teaching of democracy, create a loose and harmonious teaching atmosphere; stimulation is the classroom question to stimulate students' thinking waves; set is to create a learning problem situation, so that the students themselves to seek ways to solve problems.

Of course, it should be pointed out that: the cultivation of critical thinking is not the ultimate goal of our teaching, teachers should also strive to promote students to the development of creative thinking. Because with the comprehensive promotion of quality education, the cultivation of innovative spirit and practical ability has become the core of quality education. The critical thinking we mentioned here is the basis of innovation, as Nobel Prize winner Dr. Yuanzhe Li said: "In order to cultivate creativity, students should learn to be 'rebellious'. To 'rebel' against what they feel is wrong, this is 'benign rebellion' for the sake of progress."

What are the factors affecting divergent thinking? Factors affecting divergent thinking include prior knowledge, habits, and rules. How to cultivate divergent thinking 1.Utilize imaginationThe famous German philosopher Hegel said, "Creative thinking requires a rich imagination." A teacher in the classroom gave students an interesting question "What are the uses of bricks?", asking students to think of as many as possible. He asked the students to think as much and as far as possible. Immediately some students thought of bricks can build houses, base chicken coops, repair the Great Wall. Some students thought of ancient people carving bricks into artifacts on buildings. One student's answer was very interesting, he said bricks can be used to fight bad guys. From the point of view of divergent thinking, this student's answer should score high marks because he contacted bricks with weapons. A mother bought a live fish from the market, her daughter came over to watch her kill the fish, and she asked her daughter, seemingly unintentionally, "How do you want to eat it?" "Fry it!" The daughter replied without thinking. Mom asked again, "How else can you eat it?" "Fried!" "How else can you eat it besides those two?" The daughter thought for a moment, "Boil fish soup." Mom pursued, "Can you think of a few more ways to eat it?" The daughter stared at the ceiling, thought carefully, and finally came up with a few more: "You can also steam it, stir-fry it with vinegar, or eat sashimi." Mom also wants her daughter to continue to think, this time, the daughter thought for half a day before answering: "You can also pickle salted fish, sun-dried fish to eat." Mom first praised her daughter for her cleverness, and then reminded her, "A fish can also be eaten in two ways, for example, the head of the fish soup, the body of the fish fried, or a fish three, four, is not it? Let's do it however you like to eat it." The daughter nodded, "Mom, I want to use the head of the fish to cook tofu and the body of the fish to fry." This conversation between mom and daughter is actually training children in divergent thinking. Cultivating students' creativity depends on both teachers and parents. To be good at teaching and life from the capture can stimulate students' desire to create, to provide them with a space to give full play to their imagination and opportunities, so that they also have the opportunity to "whimsical", the mind. It is important to know that whimsy is an inexhaustible source of creativity. In the search for the "only right answer" under the influence of students is often the more education, the more single-minded, the more limited imagination. This requires teachers to fully explore the potential factors of the teaching materials, in the classroom to inspire students to develop a rich and reasonable imagination, re-creation of the work. 2. dilute the standard answer, encourage multi-directional thinking to learn knowledge not only books, not only the top, not superstitious teachers and parents, not gullible others. It should be advocated to let students put forward different insights from the textbooks and teachers, and encourage students to dare to argue with their classmates and teachers. Unidirectional thinking is mostly a low level of diffusion, multi-directional thinking is high-quality thinking. Only when thinking as much as possible to raise some "if...", "suppose...", "otherwise..." and so on. " and other questions, in order to force themselves to think in another way, think of their own or others have not thought of the problem. Teachers should praise more and criticize less in teaching, so that students can build up their self-confidence and acknowledge themselves, while encouraging them to seek new ideas. Train students to think along new directions, new ways to think of new problems, abandon the old and new, beyond the known, seeking the first thinking. There is a middle school student essay entitled "all for the test", described a "strange dream": "I can't remember which night, I had a strange dream: four sides of the song, ambushed on all sides, really inexplicable surprise. What is the discriminant of a quadratic equation? The original name of Maodun? --The textbook says: Shen Yanbing --The teacher said it was Shen Dehong, at a loss. The blazing sun. Aluminum hydroxide molecular formula. Mosquito bite on the neck, snap! The TV program is Chains of Blood, and my father won't let me watch TV. Spring sleep, how sleepy! Another abominable binary quadratic equation, the invigilator's grim face. A 53-point math paper, I cried out in fear...The hydrogen atom has only one electron, I have only one brain, how can I cram in so many chemical equations. Why is the Constitution the fundamental law of the land? All for the sake of the exam." The article vividly and graphically reproduces the dream of a middle school student. It is the cry of a middle school student in his exhaustive struggle and helplessness. The author will be a strong sense of innovation, bold way of thinking introduced into the composition, the idea of free rein, galloping across the content of the Tengmou flash error, alternating space and time change, the mood of fantasy and treacherous, the expression of a secondary school students before the exams do not win the heavy burden of the psychological, reading thought-provoking. 3. Break the rules, weakening the thinking of the stereotypes is to cultivate the premise of the students' creativity of the French biologist Bernard said: the biggest obstacle to learning , and is not something unknown, but something known. There is a quiz question, "What methods can be used to make the fastest ice into water?" The general public tends to answer that it should be heated and sun-dried, but the answer is "remove two points of water". This is beyond the imagination. And stereotypes can make students familiar with the problem when dealing with the familiar, comfortable, and make the problem successfully solved. That's why it's quite effective in dealing with today's exams. But in the need to develop and innovate, thinking stereotypes will become "thinking shackles", hindering the construction of new thinking, new methods, but also hinder the absorption of new knowledge. Therefore, the stereotyped thinking and innovation education are contradictory to each other. "The two aspects of "creation" and "production" are organically combined. On this basis to produce something valuable and meaningful. Therefore, first of all, we must encourage students to "create", if the "create" stifled in the cradle, how to talk about the "make" it? 4. boldly questioned the Ming Dynasty philosopher Chen Xianzhang said: "The predecessor said that learning is expensive doubt, small doubt is a small progress, big doubt is a big progress." The development of questioning ability plays an important role in inspiring the development of students' thinking and their sense of innovation. Questioning is often a breakthrough in the development of innovative thinking. Mencius said, "It is better to believe everything than nothing." What is in the books is not necessarily all right. Truth has its absoluteness, and its relativity, any article has its own can be scrutinized, encourage students to boldly doubt the books, guide students to express their unique insights, which is to enhance the innovative ability of students an important part. In the process of questioning, students learn creatively and teachers teach creatively. Questioning can change mechanical memorization into understanding memorization, so that students can taste the joy of learning and creativity. Reflective thinking is a kind of dispassionate self-reflection, a process of taking a critical attitude toward one's original thinking and conclusions and constantly giving them a refinement. This is actually a good self-education, is an important way for students to learn to think creatively.5. Learn to reverse thinkingReverse thinking is also called reverse thinking. It is a way of thinking in the opposite direction to the cognitive thing to think about the problem, so as to put forward extraordinary insights of the extraordinary way of thinking. Reverse thinking is not bound by old ideas, actively break the routine, new and different, showing active exploration of creativity. Secondly, reverse thinking is not satisfied with "people cloud", not obsessed with traditional views. But reverse thinking is not against the reality of life. China's production range hood manufacturers in how to "non-stick oil" on the effort, but absolutely non-stick oil can not be done, the user every six months or so also have to clean a range hood. The United States has an inventor but from the opposite direction to consider the problem, he invented a special adsorption of oil on the paper, pasted on the inside wall of the hood, oil is absorbed by the paper, the user only need to regularly replace the paper, you can ensure that the hood is clean as ever. This is a typical example of reverse thinking.In the 1950s, countries around the world were researching germanium, the raw material for manufacturing electric crystals. One of the key technologies was to refine germanium to be very pure. Nobel Prize winner, Japan's famous semiconductor expert Ezaki and assistants in the long-term test, no matter how carefully operated, always inevitably mixed into some impurities, seriously affecting the consistency of the number of electro-crystalline quartz. Once, he suddenly thought, if the opposite operation process, intentionally add a small amount of impurities, what will be the result? After testing, when the purity of germanium reduced to half of the original, a semiconductor material with excellent performance was finally born. This is another successful example of reverse thinking. Bell Labs of Lucent is a name that commands respect! It has trained 11 Nobel Prize winners and produced ten inventions that changed the world. Many science and technology graduates see it as a great honor to work at Bell Labs. What are the characteristics of Bell Labs as a world-class research and development organization? In the Bell Labs founder of the statue engraved with the following paragraph: "Sometimes you need to leave the beaten path, dive into the forest, you are sure to find unprecedented things". Let us also often dive into the "forest", another way, to find, to enjoy that no one has ever seen the beautiful scenery, then, you can cheer: "ah, this world is my first discovery, we all come to see it!"

What are the factors related to creative thinking that affect creative thinking: brewing, the ability to associate at a distance, the ability to migrate, the will, interest and so on.

What are the factors affecting the maintainability 1. first of all, the architecture, such as the Arrandale architecture of the i-series, the Penryn architecture of the Core series, Merom architecture, etc., the newer the better the architecture 2. and then there is the number of cores of the cpu, which is the physical cores, such as dual-core, quad-core, the more the number of cores, the better; 3. there is also the number of cpu's executive clues, which is equivalent to the number of logical Core, such as the i330 for the dual-core (physical core) four execution; 4. main frequency, the main frequency is a very important factor, the main frequency is of course good, and the frequency of the enhancement of the effectiveness of the enhancement of the obvious 5. cache, including a first, second, and even three levels, that is, often referred to as L1, L2, L3, the bigger the better 6. process technology, for example, i series of the i3i5 for the 32 nm, the T6600, etc., 45 nm, earlier for the 45 nm, earlier for 65 nm, etc., the higher the process, the smaller the heat, the better the performance 7. instruction set, such as MMX, SSE, SSE2, SSE3, SSE4.1, EM64T, etc., the more instruction sets supported the better. There are also current low-power cpu, such as su7300, etc., such cpu performance for the mainstream cpu (such as T6600) about 50% of the cost of low-power, extend the life time and pay the price, usually the main frequency is very low, about 1.2G or so. And don't be fooled by Intel, many people always think that Core is definitely better than Pentium, and Pentium is definitely better than Celeron, which is actually misled by Intel. The same level of Core and Pentium performance gap of 5% to 10%, for example, T6600 and T4400. But the new Pentium performance is stronger than some of the earlier Core, such as the T4400 performance than the T6400 about 5% stronger. You can ask me if you have any questions. I hope it will be useful to you.

What are the factors that affect the choice of career? The factors of oneself, the environment, the family factors, and the economic stability of the country of the employment quotient.

There are quite a lot of factors when you break it down further

What are the factors that affect the speed of the Internet? In detail, there are: network cable network card CPU hard disk memory power supply motherboard display card monitor gas in the magnetic field server is in good condition

What are the factors affecting the price of housing on the housing price will have an impact on the factors such as social, economic, policy, environment and property management. Social factors, including political, military, population and family size, social environment and humanistic concepts. Their changes will affect the need for housing, which in turn will affect the rise or fall of housing prices. Economic factors, including national economic development, financial and fiscal conditions, industrial restructuring, prices, wages, employment and savings levels of change, as well as the supply and demand for housing. Generally speaking, a steady rise in economic development will lead to an increase in demand for housing, causing housing prices to rise, and vice versa, housing prices will tend to flatten out or even fall. Policy factors, such as housing policy, urban construction and land use planning, etc., will affect the rise and fall of housing prices. In the future, the price of housing will certainly still rise.

What are the factors affecting the financing for example, the cost of using indirect financing will be a little smaller, shorter time consuming, more convenient, in the accounts attributable to the responsible for the use of direct financing, such as the issuance of shares, the cost of this will be very large, long time, consuming energy, in the accounts attributable to the owner's equity. So summarized, the cost of investment financing time-consuming financing costs, etc.

What are the factors that affect the share price? First, the factors affecting the rise and fall of stock prices

To judge who is right and who is wrong, to determine whether or not the TOI, it is necessary to figure out the factors affecting stock prices. Factors affecting stock prices are mainly the following:

(a), the system factors. A stock market, if there is a sound delisting mechanism, poorly run companies will decline with its quality and finally be forced out of the market or even forced bankruptcy. In this system, the rise in stock prices will inevitably be limited by the quality of the company. The reasoning is simple: no one wants to pay a high price for shares in a company that is about to be delisted or is about to go bankrupt, unless he is out of his mind.

If there is no delisting system or if the delisting system is inadequate, there is no or very little danger of junk companies clearing out of the market and going bankrupt, and the stocks do not or hardly ever become scrap paper. Thus, the stock market has become a casino, the stock is alienated into speculative chips. This is the institutional root of the speculative gambling market that has been able to emerge and exist, and it is also the institutional basis on which the policy market has been able to function in the long term. Under this system, stock prices can be artificially high, and junk companies will not or are difficult to be cleared out of the market, thus taking up extremely scarce resources and leading to inefficient market execution. Why has our stock market become a place for speculation? Why has the bubble in stock prices been sustained for so long? The reason lies here.

Recently, these years, why our stock market into the endless bear road? The government repeatedly help bear market pattern is still difficult to reverse? One of the important reasons is the establishment of the delisting system. Due to the establishment of the delisting system, the junk company may be eliminated from the game, its shares may become a pile of waste paper, so investors began to throw the poor quality company's shares. Coupled with the fact that corporate scandals are in the news from time to time, people are skeptical of even the best-performing companies, and this has led to a continuous downward shift in the center of gravity of stock prices. Therefore, to reverse the bear market, we must improve and upgrade the quality of companies, and there is no shortcut to do so. Liu Jipeng, Zhang satellite and other confident that if the stock reform program in accordance with their stock index will be able to pull up. I think, if the company quality of this fundamental problem is not solved, to think of the stock market bull is simply a fool's errand.

Liu Jipeng in the rebuttal to Wu Jing chain of "thousand points should not support the market" theory, pointed out that: the government should actively support the market when necessary. What is "when necessary"? He means: thousand points is "when necessary". His reason is: the Shanghai Composite Index is lower than 1,000 points, the stock market will lose the function of financing, market participants losses, foreign capital is reluctant to enter, the stock market will lose vitality. In my opinion, Liu Jipeng: (1) can not figure out under what circumstances should support the market, what circumstances should not support the market. If not because of the company's quality problems but due to external factors leading to a sharp decline in stock prices, the government actively support the market is very necessary; if the decline in stock prices is due to the price of shares and the quality of the company is not commensurate with the value of the shares back to the government to the market is not only unnecessary, but also toto can not be toto. As mentioned earlier, in the delisting system conditions, the price of the stock to be suppressed by the quality of the company. China's stock market is the current bear market is the quality of listed companies to suppress the results of the decline in stock prices is the return of rationality, the government simply do not have to support the market. Over the years, the government has introduced market support policy can not be said to be quite a lot, the effect of how we know very well. (2) alarmist, ulterior motives. The SSE index below 1000 points, the stock market to lose the financing function? To lose vitality? I beg to differ. If the index falls below 1,000 points, the stock market's return on investment is equal to or greater than the rate of return of other investment channels, a huge amount of peripheral funds will be driven by the nature of profit-seeking into the stock market, the stock market and how the loss of financing function and vitality? In fact, Liu Jipeng said the loss of financing function refers to the loss of high price financing function. His purpose of encouraging the government to prop up the market is only to maintain the major shareholders to continue to circle money in the stock market. Most people think Liu Jipeng is looking out for the interests of shareholders, but this is a superficial phenomenon, and at his core he is defending the interests of the high-priced money spinners.

(ii), the value of the stock. The company issued shares for the development of financing the required funds, investors to buy shares is to obtain the desired return. Visible, the original function of the stock market for the company is a financing tool, for investors is an investment tool. What price an investor is willing to pay when investing in a stock depends on how much return the stock can give the investor. If the return is high, the price is high; if the return is low, the price is low. From this, we can conclude that the level of the stock premium is determined by the profitability of the company, or the value of the stock. In a word, the stock price is determined by how much the stock is realistically worth and how much it is expected to be worth.

The stock price index is a value calculated based on stock prices, so the size of its value is also determined by the amount of profitability of listed companies, and the change in its value is accompanied by the change in the profitability of listed companies. We have to examine the overall profitability of the listed companies to determine the level and trend of a stock market index.

The main indicators used by investors to measure the profitability of a company and the value of its shares are the return on net assets, the price-earnings ratio, earnings per share and dividends per share. The latter four indicators are based on the number of shares, so their values change as the stock reform proceeds and the number of shares increases or decreases, while the return on net assets ratio is not affected by the stock reform. Therefore, in the period of stock reform, investors should use the return on net assets ratio to measure the company's profitability and stock value. Liu Jipeng, Zhang Satellite and others believe that "the success or failure of the stock reform should be based on the standard of stock price rise or fall", the implication is that it is possible to increase the proportion of non-circulating shares downsizing in order to increase the value of the price-earnings ratio, earnings per share, dividends per share and other indicators, or through the increase in the proportion of the expansion of the circulation of the stock in order to increase the short-term value of the stock speculation. The author believes that even according to this program of stock reform, the stock price can not be pulled up, and the larger the ratio of downsizing and expansion, the deeper the decline in the stock price. Because under the pressure of the realization of the benefits of the consideration, the stock price is bound to naturally ex-rights.

(iii), the force of supply and demand. The law of supply and demand is the most basic economic law governing the rise and fall of prices of goods, stocks as an economic good, the rise and fall of its price should also follow this law. For a long period of time, why our stock market can be bullish? Why does the bubble market arise and can be maintained? It is because the demand for stocks is greater than the supply of stocks. According to the statistics of the Securities and Futures Commission (SFC), from January 1998 to December 2000, the number of investor accounts increased by 24,139,400, and the number of shares in circulation increased by 69,215,991,900 shares. Assuming that investors put in an average of 50,000 yuan, the increase in capital was 120,687,000,000 yuan, 17.44 times the increase in outstanding share capital. It is under the impetus of capital, stock prices continue to rise, the stock market speculative atmosphere is getting thicker and thicker, the stock market bubble is getting bigger and bigger.

Since June 2001, China's stock market has entered a long bear road, and so far there is still no reversal. This reversal of market conditions is inseparable from changes in supply and demand forces. From the supply side:

1, the incremental expansion of the pace of acceleration. By the end of 2004, the domestic listed companies have reached more than 1,300, especially with the issuance of a number of large-cap stocks, the number of stock supply has increased dramatically.

2, stock expansion has begun. Equity split has seriously affected the healthy development of China's stock market, the prologue of the stock reform in May this year finally opened. With the advancement of the stock reform, the implementation of full circulation, the supply of stocks will grow exponentially.

From the demand side: the number of investors is slowing down. According to the information released by the Securities and Futures Commission, June 1998 - June 2001, the growth rate of stockholders' account opening 72.96%, June 2001 - June 2004, the growth rate of stockholders' account opening fell to 11.6%, and according to some brokerage firms, business department staff reflect the many accounts have become shell accounts, therefore, stockholders The growth rate of account opening has actually been negative. With the sharp decline in the number of shareholders, the funds are scattered away from the stock market at a faster rate, because the shareholders will not only bring 1.00 dollars into the market. Why is this happening? This is because stock prices are highly disproportionate to their value, and investors have difficulty in obtaining the expected returns, or even suffer heavy losses. The author of the deep market program code 000001-001896 *** 484 listed companies in statistics. 2004 annual average cash dividends per share of these 484 companies for 0.056 yuan, cash dividend rate of only 1.05%, much lower than the one-year bank savings deposit rate, that is to say, with the money to buy shares is not as good as exist in the bank cost-effective. The stock market's low rate of return is the fundamental reason why on-market investors continue to leave and off-market investors are afraid to get involved.

See, on the one hand, the supply of stocks is increasing dramatically, and on the other hand, the demand for stocks is decreasing, stock prices do not fall, the index does not fall, that is incredible. Liu Jipeng, Zhang satellite as the field of economics "home", it is impossible not to understand the most basic laws of economics, it is impossible not to understand the above facts, then why they insisted that "to the rise and fall of stock prices on the success or failure"? The author is puzzled!

In summary, the rise and fall of the stock price is the result of the combined effect of institutional factors, stock value and market supply and demand, and the rise and fall of the index is also the result of the law of the market. Equity distribution reform, in essence, is only in the stock market system changes from equity distribution into the full circulation of shares, the two types of shareholders to be reconfirmed, it is neither the abolition of the delisting mechanism, nor change in the quality of the company, not to mention the implementation of the full circulation of the intensified market supply and demand forces of the contrast, so the equity distribution reform in any case is difficult to promote the rise of stock prices. Thus, we can conclude that "successful stock reform is to pull up the stock price" is a big fallacy.