My take is that it's definitely bad for banks. Shen Weizheng More Quotes by Shen Weizheng More Quotes From Shen Weizheng Liu did a good job of promoting value investment, and addressing market misbehaviors such as reckless acquisitions and fundraising. Shen Weizheng company-news Even if A shares are included, it would still just be a symbolic event. The real impact would be limited, my biggest concern now is China's economy. After strong stimulus previously, the government seems to have suddenly tightened the liquidity tap. I'm afraid the economy will loose steam. Shen Weizheng industrials Money keeps flowing out of stocks, where investors see little reason to go upward further. Shen Weizheng industrials I think the rebound will be short-lived, and China's stock market hasn't bottomed out yet, china's economy is still in bad shape. Under such circumstances, the best strategy is to keep equity exposure very low. Shen Weizheng industrials Extending the restrictions would only prolong the problem, rather than cure it. Shen Weizheng industrials It will not be a bull market next year, but the chance of a free fall is also slim. Shen Weizheng industrials Many traders are still on holiday, which is why trading volume is light. Shen Weizheng industrials It looks like IPOs would still be under some sort of control, so the registration system doesn't seem as frightening as previously thought. Shen Weizheng industrials QDII quota suddenly became very expensive this year, domestic capital is rushing out as the yuan is no longer firm. Shen Weizheng company-news I signed the business agreement last week and submitted it to CITIC for approval. Now, the business is suspended, i'm very disappointed. Shen Weizheng company-news
