DXJ - China Is Following Japan's Lead On Capital Markets Reform
2024-05-22 14:20:00 ET
Summary
- China’s multi-year stock market charts look like someone turned the Nikkei chart upside down, though the last three months have witnessed a sharp rally across the country.
- China’s issues are very different from Japan’s, so this reform roadmap is going to be new territory.
- China is making a dividend push, much as we witnessed in the reform programs rolled out by Japan and Korea over the last year or so.
The last couple of months have been busy for stock market Sinologists. The state has announced a series of initiatives that could partially clean up the fraud and market manipulation that tarnishes the market’s image....
China Is Following Japan's Lead On Capital Markets Reform