"Senior policymakers realise that, because of the leverage in the system, stock market declines create a ripple effect that could damage the wider economy, so this is all about preventing a spreading panic that could trigger a systemic crisis," says Lu Ting, head of research at Hong Kong-listed mainland brokerage HTSC.

Investors still not convinced by Beijing’s bid to end US$2.8 trillion market rout

Rally fades as analysts worry further falls could set off a systemic crisis and push back reforms

Topic |   Hong Kong Stock Exchange

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"Senior policymakers realise that, because of the leverage in the system, stock market declines create a ripple effect that could damage the wider economy, so this is all about preventing a spreading panic that could trigger a systemic crisis," says Lu Ting, head of research at Hong Kong-listed mainland brokerage HTSC.
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