Re-emergence of the Chinese stock market
This chapter aims to provide a preliminary analysis of the evolution and development of the Chinese stock market. It provides a basic analysis of the stock market with a view towards facilitating an understanding of the following issues:
1 Why did a stock market develop in China? 2 How does the stock market work in the context of China's
'socialist market economy'? 3 What have been the major problems in the development of the
stock market and what are its prospects for the future?