This is quite unexpected, the slump apparently triggered intensified selling, while the trigger of the circuit breaker seems to have heightened panic, as liquidity was suddenly gone and this is something no one has experienced before. It was a stampede.

Gu Yongtao

Categorized in : Business

Many instruments used to pump money into the system mature, and there's no sign the central bank will cut banks' reserve ratios any time soon. So there is concern that liquidity will become tight.

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Economic weakness has been largely priced in, this year, exports and consumption could remain weak. Investment, another driver of growth, really depends on government's spending on infrastructure.

most-read-articles

Economic weakness has been largely priced in, this year, export and consumption could remain weak. Investment, another drive of growth, really depends on government's spending on infrastructure.

most-read-articles

The slump apparently triggered intensified selling, while the trigger of the circuit breaker seems to have heightened panic, as liquidity was suddenly gone and this is something no one has experienced before. It was a stampede.

company-news

The slump apparently triggered intensified selling, while the triggering of the circuit breaker seems to have heightened panic, as liquidity was suddenly gone and this is something no one has experienced before, it was a stampede.

company-news

The IPO reform is market-negative because it puts pressure on sto... by Gu Yongtao

The IPO reform is market-negative because it puts pressure on stock valuations.

industrials

Yesterday, investors were excited that the Fed finally raised rates, and global markets all rose. But when you cool down, you find there's really nothing to cheer about, as U.S. rate rises would only lead to capital outflows.

industrials

There's speculation that Vanke's management might look for some k... by Gu Yongtao

There's speculation that Vanke's management might look for some kind of white knight.

industrials

Obviously, the chairman hopes to keep Vanke's management free from Jushenghua's any potential interference.

industrials

We think the purpose of the probes is to bring all businesses related to stock financing to the table so that regulators can have a clear picture of the leverage situation.

company-news

China's economy faces relatively big downward pressure, so invest... by Gu Yongtao

China's economy faces relatively big downward pressure, so investor sentiment remains weak.

industrials

Today's correction, following previous days' strong rebound, is natural, it's different from the panic selling we saw previously, when liquidity dried up and investors couldn't sell their shares.

industrials