本文认为要想真正促进股票市场稳定健康发展,不能靠一味宣扬“新兴加转轨”或者“买者自负”等来推卸市场监管者的责任;不能靠对广大散户投资者的肆意指责;不能靠反对降低印花税者的“横眉冷对”;不能靠对监管者的厚颜吹捧;也不能靠对救市的简单呼吁;而必须依赖于诚信、公平、法治和互利多赢的四大法宝。以市场自由而言,必须格守诚信和公平;以市场秩序而言,必须依靠法治;以市场发展的根本目的而言,必须实现互利多赢。惟有如此,中国的沪深股市才能长久地充满生机和活力,才能步入稳定健康发展之路。本文还本着诚信、公平、法治和互利多赢的法则,就如何促进股票市场稳定健康发展的问题,提出了暂停征收印花税、设立国有证券投资基金、改革新股发行制度、严格监管等具体建议。 This paper argues that in order to truly promote the stable and healthy development of the stock market, we can not shirk the responsibility of market regulators by simply advocating “emerging plus transit” or “buyer conceited”; we can not rely on wanton accusations against the vast number of retail investors Can not rely on the cheeks of regulators; nor can they rely on simple appeals to the bailout; they must rely on the four major principles of integrity, fairness, rule by law and win-win cooperation magic weapon. In terms of market freedom, integrity and fairness must be adhered to. Market order must rely on the rule of law. For the fundamental purpose of market development, we must achieve mutual benefits and win-win. Only in this way, China’s Shanghai and Shenzhen stock markets can be long-term full of vigor and vitality in order to enter the stable and healthy development. Based on the principles of honesty, fairness, rule of law and mutual benefit, this article also put forward specific suggestions on how to promote the stable and healthy development of the stock market by suspending the collection of stamp duty, setting up a state-owned securities investment fund, reforming the issuance system of new shares and strictly regulating it.