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Features: For the vast majority of Chinese stock investors, whether to sell their stocks or not is a dilemma. Selling means cutting losses; not selling means a long wait to break even. What else can it be but a stalemate? For the Chinese stock market, the 1500-point level was once the top before 1999 but is now the value center. The lowest it can go is 1300 points, and the highest it can reach is 1700 points. The 2245-point level is within sight but out of reach. What else can it be but a stalemate? For the regulators, they feared excessive growth before 1999 and excessive decline after 1999. Excessive financing has replaced excessive speculation. The unresolution of the split-share structure is not acceptable, but solving it immediately is also not feasible. What else can it be but a stalemate? Stalemate has become a norm in the Chinese stock market.
Stalemate - Ten Thousand Whys of the Chinese Stock Market
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