An intelligent and accessible overview of one of the world's fastest growing and most important stock markets.
Sixteen years after the first shares were traded in Shanghai, China's stock market is now recognized as the developing world's most important market and is already the third largest in Asia. All the large Western banks and investment firms have a strong presence in Shanghai. Now that China has become a member of the World Trade Organization (WTO), the growth of the Chinese stock market is being eagerly watched.
This is an informative and accessible guide to China's stock market. It will explain the creation of the market and how it has developed since the 1980s. Key policies will be examined; major scandals recounted; and the different types of investors, institutional and individuals, analysed. Finally, the book will map out the likely development of China's stock market over the next 10 years, and examine the opportunities and risks involved for foreign investors.
