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Tekijä: | Wan, Feng |
Otsikko: | The current state of B-share market in China and reasons for it (original in Chinese) |
Lehti: | Modernization of Management (c)
1994 : 3, p.42-43 |
Asiasana: | STOCK MARKETS STOCK MARKET LISTING CHINA |
Kieli: | chi |
Tiivistelmä: | After several months' booming, the issuing of B-shares started at the beginning of 1992 began a long falling momentum. As a result, the investment funds outside the border suffered heavy losses and the market economy was in the state of no dealing. The reasons for this are as follows (1) the enterprises on the market lack an inherent and restraint mechanism with standardized practice; (2) The expression of B-share does not constitute any external restraint to the companies on the market. |
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