Investors are too pampered
By You Nuo | China Daily | Updated: 2008-04-07 07:02
People say Chinese children are much too pampered. So are our stock market investors.
As the stock index continued to hover under 3,500 points for a second week, disappointed investors who had bought shares when the index was above 6,000 points, about six month ago, are urging the government to intervene to boost the market.
Rumors also abound that some companies, usually State-owned industrial giants, are enjoying protection from the embarrassment of seeing their share prices fall below their initial public offering (IPO) prices.
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