Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Chinese Regulators vow to goose Chinese stocks

by Tony Sagami on June 23, 2008

in Asian Market, Stock Market in China

The Chairman, Shang Fulin, of the China Securities Regulatory Commission (CSRC) vowed to improve reform and boost
regulation to promote a stable and healthy development of capital markets.

You know what that means in regular talk? The Shanghai Composite Index has fallen by 54% from its November peak and the
Chinese government is not going to allow it to fall anymore.

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