China’s stock market

China Finance Online Co. Limited (Nasdaq: JRJC) is blaming a weak Chinese stock market for a warning that earnings may decrease.

One wonders how long the Chinese government can wait before opening the market, which is key to making China’s stock market a better place for your money:

Opening the market may allay concern that turning state- owned shares into marketable securities will drag down prices. The so-called nontradable shares, accounting for two-thirds of China’s $427 billion market value, are the “single biggest problem” for investors, said Ruffle.

One Response to “China’s stock market”

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