From 2014–15, China witnessed a super bull in its stock market, as the major SSE Composite Index was more than doubled, but it was followed by an unprecedented crash triggering a global sell-off. This article argues that margin trading, which means investors that borrow money from stock...

This paper introduces and analyses China's latest reform of capital markets law in light of its recent launch of the sci-tech innovation board (star market) to facilitate the fundraising of technological and innovative businesses. It evaluates the functions and justifications for the star...

In September 2021, China launched the Beijing Stock Exchange (BSE) in order to divert capital to the country’s booming technology companies, especially those classified as small and medium-size enterprises (SMEs). The article introduces the historical background for establishing the BSE, and...