SamuelRSmith on 08 July 2015
"China’s securities regulator banned major shareholders, corporate executives and directors from selling any of their stakes for six months" - Bloomberg.
IPOs halted, banned from talking about negative news, false information spreading regarding international conspiracies, central bank is "providing liquidity" to buy stocks, property is now allowed as collateral, interest rates cut, rules relaxed on margin trading.
And they still kept bleeding.
Now that they've banned big players from selling, it's not a market at all. Beijing has killed any reputation it had in the financial world. Kissed "RMB world reserve currency" good bye. You're not even allowed to sell stocks you own.
