To exam the effect of securities comments,the audience demand was inspected by use of questionnaire method.The results show that the educational function of securities comments for investors is nowadays not good enough,in the meantime,securities comments relay on the source of information under the circumstance of current markets surrounded by speculation.Constantly improving the construction of Chinese stock market is the essential way to solve the problem of securities comments.Strengthening the instruction facing investors is an important channel to strike the balance between demand and supply of securities comments.