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Thread: The Return of the red chips!
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[quote=FRANKENSTEIN,238676]Personally, I regard this move of the government as stablizing the stock market. As everyone knows, the stock market in China has become crazy, sometimes rising rapidly, sometimes dropping sharply. To stablize the stock market, the government has tried several ways, including raising the stamp tax, decreasing or stopping imposing interest tax and issuing special treasury bonds. However, it seems that those measures did not work well. The special treasury bonds has taken effect on the stock market. The shares in Shenzhen and Shanghai Stock Exchanges have dropped sharply. It seems that the government has made up their mind to break the bubble of the stock market. However, will this stablize the crazy stock market? Let's wait and see.[/quote]
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