Another editorial from Caijing’s Hu Shuli about the stock market:
We think the stock market index is an indication of investor behavior, and calm remains a prerequisite for both investors and the media. It’s not reasonable to expect government intervention to guide the market. Currently thousands of new stock owners, most of whom are inexperienced investors with modest incomes, are entering the market. Thus, we can’t exclude the possibility of bubble burst that spreads rapidly. There should be a voice to remind investors about the high risks of the stock market. [Full text]
See also Hu Shuli’s previous editorial “Watch Out When the Market Soars .”
