China’s STAR Market Is Falling to Earth

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Heard on the Street: The technology stock board, designed as a source of capital for the country’s most promising young firms, suffers from the same flaws as its predecessors

Naming your new stock-exchange board the STAR Market brings to mind meteoric gains. Three months on from its launch, China’s technology stock board looks increasingly like a black hole, inhaling speculative capital for little reward.

Trading volumes on the Shanghai Stock Exchange’s Science and Technology Innovation Board have declined sharply since its first day of trading on July 22. The performance of the board is a demonstration of why China’s most promising companies are drawn to U.S. capital markets.

 

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Heard on the street, is a shitty media.

Which is scarier for the world - the rise of China or the fall? Between gender engineering, social engineering, and economic engineering- they have a lot of things working against them. We all know human beings are not the best puppet master ... the next 30 years

It's working 🇺🇸🇨🇳

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Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »