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That Calm Chinese Stock Market? Itís Engineered by the State
Wall Street Journal ^ | 5/30/2018 | Shen Hong and Stella Yifan Xie

Posted on 06/01/2018 10:42:33 AM PDT by heartwood

SHANGHAI—Long derided as a casino, China’s once-volatile stock market is going through a long stretch of calm. One reason is an orchestrated government effort to keep traders and investors in line.

Three years after a national uproar when Chinese stocks plunged by nearly half in just over two months, traders and brokers say regulators are increasingly stepping in to influence trades and make China’s markets appear less volatile, especially during political events when Beijing wants to project stability.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: china; markets; trade
Chinese stocks are included for the first time today in a global index MSCI, which in turn will affect investment funds.

Never in over 25 years... has the state been so involved and interfering in micro issues," said Fraser Howie, an independent analyst and author of Privitzing China: Inside China's Stock Markets.

Lin Yunan, an investor in Shantou, said he received a government warning... when he sold and quickly bought back around $325000 worth of stock during the time of a meeting of Chinese political leaders.

He had to promise to refrain from such behavior in the future to avoid harsher punishments such as a trading ban.

Making the commissars look good. Private ownership, state control : fascism, not communism.

It's going to be interesting, as in, May you live in interesting times, when our markets entwine with theirs and they give orders for external destabilization.

1 posted on 06/01/2018 10:42:33 AM PDT by heartwood
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To: heartwood

You mean the Chinese Communist Party Stock Market


2 posted on 06/01/2018 10:50:24 AM PDT by butlerweave
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To: butlerweave

I mean the Chinese Fascist Party stock market.

I would really like Americans on the left who use the word “fascist” to slur anyone to the right of them to understand what it actually means.

A pet hopeless endeavor of mine.


3 posted on 06/01/2018 10:56:00 AM PDT by heartwood (Someone has to play devil's advocate.)
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To: heartwood

Important Chi-com economy update.
Not surprising they micro-manage market activity.
Chi-coms are merciless absolute control freaks:

China’s Surveillance State Should Scare Everyone - The Atlantic
https://www.theatlantic.com/international/arc...Proxy Highlight

Feb 2, 2018 ... China’s Surveillance State Should
Scare Everyone. The country is perfecting a vast network of digital espionage as a means of social ...

China’s Ever-Expanding Surveillance State | The Diplomat
https://thediplomat.com/2018/04/chinas-ever-e...Proxy Highlight

Apr 25, 2018 ... China’s authoritarian regime is
taking systematic steps to expand its surveillance of people and communication channels within the country, ...

How China is watching its citizens in a modern surveillance state ...
www.businessinsider.com/how-china-is-watching...Proxy Highlight

Apr 29, 2018 ... The growth of China’s surveillance
technology comes as the state rolls out a ‘ social credit system’ to monitor, rank, and punish citizens.

China’s new surveillance state puts Facebook’s privacy problems in ...
https://www.washingtonpost.com/news/global-op...Proxy Highlight

Mar 27, 2018 ... China is building a state-of-the-art
system for tracking everything its people do —


4 posted on 06/01/2018 10:56:35 AM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: heartwood

What could possibly go wrong?


5 posted on 06/01/2018 10:58:43 AM PDT by Pietro
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To: butlerweave

Communist Chines still run things. They really dont care a whit if people are reduced to penury - THEY can always RULE at the point of a gun.

The artificial economy there has always simply been the tool of the communnists.


6 posted on 06/01/2018 12:10:27 PM PDT by elbook
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To: heartwood

7 posted on 06/01/2018 12:11:22 PM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: heartwood

Truthfully, the US market managers probably recommended that China do these things, *copying* US markets. Probably also that they need to have stricter micromanagement than the US, because Chinese players aren’t as disciplined, yet.


8 posted on 06/01/2018 4:13:14 PM PDT by yefragetuwrabrumuy (Liberals have become moralistic, dogmatic, sententious, self-righteous, pinch-faced prudes.)
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