Category Archives: Stock Market

Chinese Depositary Receipts: Attracting The Listing Of Tech Unicorn Companies Through Securities Law Reform

By | September 13, 2018

Courtesy of Lerong Lu and Ningyao Ye[1] Recent reforms to Chinese securities law are designed to entice local tech giants to list their shares in mainland China as opposed to overseas markets like Hong Kong or New York. One reform idea is modelled off a long-standing concept in the U.S. and Europe known as depositary… Read More »

If We Can, Does It Mean That We Should?  Volatility Linked ETPs and The Recent Crash

By | February 10, 2018

Market participants around the world are still reeling from this week’s wild ride that saw major U.S. indexes drop more than 5% and the Dow Jones Industrial Average swing by at least 1,000 points in all but one day. Early causal assessments pointed to the threat of rising interest rates and inflation, political uncertainty in… Read More »

China’s Unwelcome Stock Market Watchdog

By | May 23, 2017

Courtesy of Zuofa Wang 2016 was a wild ride for Chinese equity markets, with many institutional and retail investors suffering significant losses. Ironically, the market’s primary watchdog – the China Securities Regulatory Commission (CSRC) –  was the chief culprit for the market’s gyrations. This wasn’t the first time the CSRC intervened in China’s stock market… Read More »