Page 4 - China Market Meltdown
Rahul Jacob: Why China's market fall is good news
About a week ago, the Asset Management Association of China pawned its credibility to join other government entities in an attempt to bolster the sinking Chinese stock market, which has suffered a drop in market capitalisation of more than $3 trillion since June. It issued a statement entitled "Beautiful sunlight always comes after wind and rain," in which it urged members to "seize the investment opportunity" even as the market had dropped by almost a quarter over the previous fortnight. The statement was a confused, curiously capitalistic-communist homily: "As we pursue personal profit, we should also pay attention to others' profits and not abandon our integrity as we grab for riches."If this sounds like it came out of a fortune cookie, such a suspension of logic appears to be guiding the government's response to the correction in China's stock markets. On Wednesday July 8, it was the turn of the People's Bank of China, which gave money to a Chinese government securities institution
Chinese police visits regulator, to probe "malicious" short-selling
China's police will investigate clues pointing to potentially "malicious" short-selling of Chinese shares, state news agency Xinhua said on Thursday, amid a slide in the Chinese stock market which has plunged nearly a third in the past month.
 "Chinese police visits regulator, to probe \"malicious\" short-selling")
China bans big shareholders from cutting stakes for next six months
China's securities regulator took the drastic step of banning shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
 "China bans big shareholders from cutting stakes for next six months")
Internet, tech, infra, realty In India might gain from China meltdown
The $3.7-trn wipe-off in the Chinese stock market may result in greater flow of investments from China into some high-growth sectors in India
China's meltdown
Beijing's response underlines need for deeper reforms
Why China's stock market meltdown should be a cause for global worry
If the market fall accelerates the economic slowdown, other countries that have not been affected by China's market fall will be hit soon
 "Why China's stock market meltdown should be a cause for global worry")