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Thread: Collect funds or enclosure money?

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[quote=FRANKENSTEIN,272452]In recent days,  Ping'an Insurance, Pudong Development Bank and other listed companies have been planning to issue convertible bonds in the stock market to collect funds. It is said that Ping'an Insurance intends to collect about 160 billion yuan. Influenced by this, the mainland stock market slumped seriously in recent five days.

Many investors blame those listed companies and think that they should be reponsible for the slump in the stock market. A survey suggests that 72 % netizens think those listed companies who intend to collect funds through issue convertible bonds are the main culprit for the slump in the stock market. about 71 percent people think that CSRC should force those listed companies to stop their plan. When asked whether those listed companies issue convertible bonds to collect funds or just enclosure money from the market, 97% think that they just enclosure money. On the other hand, they think that CSRC should make relevant provisions to regulate those listed companies.

What do you think of those listed companies? Are they the main culprit for the slump in the stock market?[/quote]

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