Battle for the Defense of China's Stock Market

Author: Wei Yaha
Publisher:
Publish Date: 2003-02-01
Features: In the stock market, there are two different voices—one from the "local faction" and the other from the "returnee faction." They intertwine and clash in the air above China's stock market, constantly influencing policy decisions, bringing waves of "bad news" and "good news" that drive bull and bear markets. However, as the index plummets from 1500 to 1400, then to 1300, with massive drops, investors live in constant fear, and the heating in trading halls is shut off. Who is at fault? Who should be held responsible for the green but troubled state of China's stock market? Who should apologize to the millions of investors who struggle to survive in this tragic world? With the insight and courage of an economic commentator, the author lifts the veil of obscurity shrouding the green stock market, revealing its hidden truths.