On September 14, in a recent interview with 'Financial New Momentum', Yao Yang, Dean of the Advanced Institute of Finance at Shanghai University of Finance and Economics and a visiting professor at Peking University, discussed whether A-shares can truly become an important channel for residents' wealth growth. Yao believes that both A-shares and U.S. stocks have significant advantages for institutional investors in terms of professional skills, information access, and research resources. It is difficult for ordinary investors to compete with institutions in the long term when entering the market directly. 'This is likely the case worldwide; retail investors find it hard to compete with institutions.' Yao suggests that ordinary investors looking to invest through the capital market should consider products managed by professional institutions rather than blindly trading on their own, which could lead them to become 'chives'.