Tuesday, November 17, 2015
ANBOUND: "Clean-Up" of Stock Market Underway
ANBOUND
The bailouts following the stock market crash have prompted the Chinese government to add a new content to its anti-graft campaign – cleaning up the grey areas in financial market.
Anbound's scholars are of the view that this differs from the earlier anti-graft campaign as it touches not only "the improper transfer of benefits" at the regulatory level but also seek to punish each and every violators in the financial market.
The anti-graft campaign is taking this opportunity to purge the venom and clear the pilling trash so as to clean up the “room” in stock market. ,
After this, the stock market in China will enter into the restructuring period.