China's Stockmarket: A Guide to Its Progress, Players and Prospects
Sixteen years after the first shares were traded in Shanghai, China's stockmarket is now recognised 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 Organisation (WTO), the growth of the Chinese stockmarket is being eagerly watched.
This is an informative and accessible guide to China's stockmarket. It explains the creation of the market and how it has developed since the 1980s. Key policies are examined; major scandals recounted; and the different types of investors—institutional and individuals—analysed. Finally, the book maps out the likely development of China's stockmarket over the next ten years and examines the opportunities and risks involved for foreign investors.
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