China: Cold Water Over the Hot Market · Global Voices
Oiwan Lam

Recently Shenzhen's stock market’ value has reached RMB20,000 billions. Mr zhang pointed out that within 2 years, the market has increased 6 times and last year China's GDP was just RMB21,000 billions. All the figures are pointing to an overheated market. Worse still, the market is comprised of only 30% individual stock holders, which means a large amount of stocks are concentrated in the hand of institutions (zh).