首页 > Chen Gong: The Policy Choice To Regain China Stock Market's Dignity
Reviewing the disaster in China's stock market during summer 2015, Anbound’s chief research, Chen Gong is of the view that the overly rapid pace of financial reform and the lack of thorough and systematic considerations are the root cause to the disaster.
In responding to the sliding stock market, the authorities might want to consider these suggestions – firstly, to terminate securities margin trading, leverage finance trading and future index trading, secondly, to reduce the daily price limit to 5 percent, thirdly, be vigilant on the trade suspension and to restore market order and fourthly, to adopt similar intervening measures in commodity market.
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