在2月最后一个交易日,备受瞩目的转融券业务试点正式推出。这是继去年8月底正式启动转融资业务试点后,中国资本市场又一个重大转折点。从此以后,做空机制真正得以确立,我们距离成熟市场又近了一步。许多投资者担心转融券来了会引发股指的大幅下跌,但就目前阶段来看,还不用太担心,从转融券业务试点的安排来看,转融券业 On the last trading day in February, a highly-anticipated launch of the voucher business was officially launched. This is yet another major turning point in China’s capital market after the pilot launch of the financing-to-finance business was officially launched in late August last year. Since then, short mechanism really established, we are one step closer to a mature market. Many investors are worried that the issue of coupons will trigger a sharp decline in the stock index. However, at this stage, we should not worry too much. From the point of view of the arrangements for piloting the revolving credit business,