At “Capital Market 2015: Reform Dividend & Investment Strategies” on March 28th, HU Zuliu (Chairman and Founder, Primavera Capital Group) explained that China’s stock market is highly in？uenced by national policies, including not only the intervention of CSRC, but also the plural roles of the Chinese government. These roles are sometimes controversial, according to Hu, and should be divided more clearly in order to bring market-oriented stock exchange to China.？