Don't expect the government to help the stock market!

Don't expect the government to help the stock market!
Apr 18, 2008 02:16
ZOEY Points: Join Date: Nov 29, 2004 Status: offline	"Chinese investors wait in vain for government help". This what Moming Zhou wrote in the MarketWatch. He said in his article that Chinese government has been focusing on curbing inflation and ignoring to cut the trading tax on the stocks. That is to say, China might not adopt some measures to help the market and the investors. On other hand, the government also doubts if the trading tax cut can take effect as they expect. What do you think of this method, useful or not?

Apr 18, 2008 02:16

ZOEY
Points:
Join Date: Nov 29, 2004
Status: offline

"Chinese investors wait in vain for government help". This what Moming Zhou wrote in the MarketWatch. He said in his article that Chinese government has been focusing on curbing inflation and ignoring to cut the trading tax on the stocks. That is to say, China might not adopt some measures to help the market and the investors. On other hand, the government also doubts if the trading tax cut can take effect as they expect. What do you think of this method, useful or not?

Apr 21, 2008 00:48

APAULT
Points:
Join Date: Mar 11, 2006
Status: Offline

The government should not iunterfere in the normal supply and demand operation of the Chinese share market - intervention creates new problems.

However, it should act to prevent scams - see my thread 'Stockmarket scams' started today.

Have they done much to protect small 'mum and dad invetsors'? Will they do much to protect small 'mum and dad invetsors'. I don't need to answer that. Nor do I need to explain why there is no action. Oh, maybe I am being harsh, of course some of the officials are mum and dad investors!!!!

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