It is said that aesthetics is important, but ugliness is also important.
What you see is the high growth of the company. What you may see is the excessive growth brought by a large number of related party transactions and the interest demands of the XX group and the prosecutor behind it. What you see is the high gross profit of the company. What you may see is that a large number of external subjects adjust the income cost. What you see is the strong R&D capability, high competition barriers, ugly appreciation may look like What we have come to is that the benefits of packaged listing may be unevenly distributed…
So many, not enough.
Ugly defense, aesthetic goal.
But if you invest professionally, not professionally, it seems that aesthetics is more important. What’s the use of running alone? You have to score!
You can’t run down the court without scoring a goal. You kicked your son in vain.
Therefore, in the prehistoric era of corporate governance of my large A shares, aesthetic can not be too strict, know its beauty, know how long it can, and know when it may be ugly face will be exposed.
In this regard, many star fund managers who have bought such bull stocks as Kangde New Town Holding Focus Media and abandoned them in time should have the most say.
So sometimes the rule of law is very weak when it is important for the capital market. We have more investors who can choose the right time, regulators who can make decisions by camera, and professional institutions who can whitewash the peace.
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