On China, from anonymous
Just got this observation. Mr ____ is a huge trader there.
Meanwhile, Mr. ____ asks me to let you know the situation about a share market. It has issued so many IPOs in recent years. Now only 10% of the shares are in circulation. 90% of the shares have not been lifted the ban on circulation yet. As soon as the ban get lifted, most shareholders want money instead of stocks. Their cost of shares are basically only a few cents, so there will be a big amount being thrown at the market. Anyone dares to pick up the shares?