TY - JOUR
T1 - Unveiling China's Stock Market Bubble
T2 - Margin Financing, the Leveraged Bull and Governmental Responses
AU - Lu, Lerong
AU - Lu, Longjie
PY - 2017/4/1
Y1 - 2017/4/1
N2 - From 2014–15, China witnessed a super bull in its stock market, as the major SSE Composite Index was more than doubled, but it was followed by an unprecedented crash triggering a global sell-off. This article argues that margin trading, which means investors that borrow money from stock brokers or shadow banks to purchase shares, accounted for the stock bubble.
AB - From 2014–15, China witnessed a super bull in its stock market, as the major SSE Composite Index was more than doubled, but it was followed by an unprecedented crash triggering a global sell-off. This article argues that margin trading, which means investors that borrow money from stock brokers or shadow banks to purchase shares, accounted for the stock bubble.
KW - China
KW - Financial Regulation
KW - Securities Markets
KW - Chinese Economy
KW - Stock Market
KW - Financial Law
KW - Securities Regulation
KW - Margin Finance
UR - https://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?fmt=Journal&recordid=496&searchorigin=International+Company+and+Commercial+Law+Review&productid=30820480
M3 - Article (Academic Journal)
SN - 1742-6812
VL - 32
SP - 146
EP - 160
JO - Journal of International Banking Law and Regulation
JF - Journal of International Banking Law and Regulation
IS - 4
ER -