Manuel Moreno Capa (Director of GESTORES) | China already has its Nasdaq, its stock market for technology companies – the STAR index. Well, with certain differences: only 25 companies are listed on it, compared to the 3,000 listed on the Nasdaq. But it does not matter. The wind from the East blows hard and will drive technology funds, high risk products, but also with elevated potential returns in the medium and long term.
china stock market
By Alicia García-Herrero at Bruegel | Sitting on a pile of debt, China’s only way out is to deleverage: more pain now for sustainable growth later. [Figure: China’s augmented fiscal deficit as % of GDP.]
BEIJING | June 11, 2015 | By Zhang Yu and intern reporter Han Hui via Caixin | Financial institutions have become more cautious about lending money to investors playing the Chinese A-share market, which is seeing its strongest rally in nearly eight years even as analysts issue warnings of a collapse.