Nov. 13: Weibo users engage Party congress on stock market

0 Comment(s)Print E-mail China.org.cn, November 13, 2012
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@xuxiaonian: Why did the stock market plunge after the general election? Because investors who had expected changes only saw the same old faces, the same old promises, the same old philosophy and the same old policies. Their expectations have been shattered. Well of course I’m only talking about the U.S. general election here. (Xu Xiaonian is a professor of Economics and Finance at the China- Europe International Business School) (SinaWeibo)

@Wuguoping: There has been some good news for the market during the 18th Party congress, one aspect of which is that authorities clearly said regulators bear some responsibility for the current sluggish stock market. It’s a good thing that they admitted to this fact. This means the authorities will have to make some moves to turn the stock market into a place that can double your money, instead of being one that loses it .(TencentWeibo)

@GSH898: It’s notable that Guo Shuqing, chairman of the Chinese Securities Regulatory Commission, stated during the 18th Party congress that China’s capital market will enter a phase of rapid development and bring steady returns to investors. These reform targets let us believe that the sluggish A share market is just a temporary phenomenon. We may see the Shanghai composite index exceed 10,000 points in the future!(Tencent Weibo)

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