A shares: not worth the paper they're written on?

Does the meaning of a æshareÆ lose something when translated into Chinese? æGu piaoÆ in Mandarin, means little more than ticket and the idea of this piece of paper entitling the owner to a share of a companyÆs earnings has little meaning.

Dan Slater

August 17, 2000

Recent talk from the China Securities and Regulatory Comission (CSRC) chief advisor Anthony Neoh on the A and B share markets has sparked more euphoria about the China market. So have changes in the Chinese fund management industry.

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