Wednesday, September 02, 2015
Chan Kung: The Simple Logic Behind the Stock Market Unrest
ANBOUND
The story of the China's stock market has yet to reach the last chapter, Chan Kung, Anbound’s chief researcher, however, thinks that is unwise for the government to put emphasis on the stock market.
The government should stimulate economic growth and champion reform so that the market remains hopeful of the prospect of the economic cake and naturally, the market sentiment will improve, and the securities market, too, will stabilize.
The goal of the public policy should be adjusted; the focus should be on the economy, not the stock market.