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(Write something casually whenever you want to keep it for yourself.)Second, the stock market ecology under the registration systemThe 519 market and the extended Internet market are the landmark market in the era of non-tradable shares. The biggest change of this round of market is the promulgation and implementation of the Securities Law on July 1, 1999, and the capital market has entered the era of rule of law.

2. Share reform market1, the relationship between 519 market and policy change.

2. Share reform market3. Reform of comprehensive registration system1, the relationship between 519 market and policy change.