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That calm Chinese stock market? It's engineered by the state

This hidden hand is about to affect a larger number of overseas investors as Chinese stocks are added to a global index

china stock, chinese stock market
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The 30 trading days until October 26 were the least volatile period since the Shanghai exchange opened in the early 1990s, according to a FactSet analysis of exchange data

Shen Hong & Stella Yifan Xie | WSJ Shanghai
Long derided as a casino, China’s once-volatile stock market is going through a long stretch of calm. One reason is an orchestrated government effort to keep traders and investors in line.

Three years after a national uproar when Chinese stocks plunged by nearly half in just over two months, traders and brokers say regulators are increasingly stepping in to influence trades and make China's markets appear less volatile, especially during political events when Beijing wants to project stability.

The steps, aided by advanced surveillance techniques to monitor traders, include warning brokerage firms to police trades that are out of step with government