a-share market: In late January, the A-share market's tone was still dreadful, according to Global Times China. Warnings were released about the 2018 results issued by a worrying number of companies listed on the mainland bourses. With both global and domestic factors underpinning a roaring rebound for mainland shares, it is high time to widen market access for foreign investors, paving the path for the type of long-term, sustainable bull run typically seen in the US market. Around the same time, banking veteran Yi Huiman was appointed the new boss of the China Securities Regulatory Commission CSRC . In a dramatic twist, the arrival of the Year of the Pig in the Chinese lunar calendar - traditionally regarded as a year of fortune and luck - has appeared as a harbinger of a mainland stock market boom. On the contrary, the market seems to be running like mad. Now, there's no trace of market gloominess.
(news.financializer.com). As
reported in the news.
Tagged under a-share market, commission csrc topics.