一、机构投资者力量进一步增强二、股票市场将继续保持适度扩容三、证券市场开放进入实质性阶段四、流通股与非流通股难以并轨,国有股转让将加速五、B 股市场与 A 股市场的联动性将增强六、创业板市场推出时机尚未成熟七、证券市场金融创新有望取得局部突破八、A 股票市场波动幅度可能加大,市场热点趋于集中 First, the institutional investors to further enhance the force Second, the stock market will continue to maintain a moderate expansion Third, the securities market has entered a substantive stage Fourth, difficult to merge with tradable shares and non-tradable shares, state-owned shares will accelerate the transfer of five B shares and A shares market The linkage will be enhanced VI, the timing of the launch of the GEM is not yet ripe VII, the financial market is expected to achieve a partial breakthrough in financial innovation Eight, A stock market volatility may increase, the market tends to focus hot