Capital storm

Author: Yin Zhongli
Publisher:
Publish Date: 2007-01-01
Features: For every participant in China's capital market, there may have been a deeply unforgettable period: For stock market investors, as stock prices continued to fall, their wealth steadily decreased; For securities companies, not only did their assets decline, but their income also hit new lows, with financial crises frequently emerging; For listed companies, financing or refinancing became like reaching for the moon; For regulatory authorities, it was a test of will and wisdom, as any careless remarks or policies could lead to a major stir; For researchers in the stock market, it was a golden age of linking theory with practice and participating in reforms through academia. The author of this book was fortunate enough to participate in the major discussions about China's stock market during that time, and this book records these thought-provoking moments. Whether as institutional investors, listed companies, or the general public of stockholders, it is essential to correctly understand the stock market, its trends, and its laws, as well as to grasp the securities system and market risk factors. Only in this way can one achieve self-awareness and rational investment. This book reveals the true essence of investment and financial management.