Thursday’s “rebound” in Chinese shares means nothing. Prohibiting selling, forcing buying, and halting half of the market has an effect. It might also be possible to prop up an exchange consisting only of wind-up toys, strobe lights and hand puppets. What matters is not fiddled prices but how the real economy is affected — and whether it continues to benefit from reform.
manbetx3.0 股市周四的“反弹”说明不了什么。禁止售股、强迫买入以及半数股票停牌起到了作用。就算是一个只有发条玩具、闪光灯和布袋木偶的市场,要“托”起它也是有可能的。现在最重要的不是虚涨的股价,而是实体manbetx20客户端下载 受到怎样的影响——以及其能否继续从改革中获益。
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