The discussion on 'problems brought by leveraging' during the last day of this year’s Boao Asia Forum is one of the rare ‘bright spots’ in this year’s forum.

In this regard, ANBOUND’s research team points out that a country’s need on the stock market is completely different from how to improve the stock market and neither is this the solution to the problem.

Firstly, China should concede that it is not good at financial market, particularly the stock market.

Secondly, the Chinese government has indeed stuffed too many things into the stock market.

The development of China’s stock market has many areas that need improvements, of which the most crucial part is to return to the basic principles of development, i.e. this is a market, not a casino.