2012-01-16

China's ChiNext market under pressure

China's market for small companies is coming under pressure as many shares become unrestricted. According to this article, A股本周压力大:逾400亿解禁洪峰来袭, restricted shares amount to roughly 48% of existing shares. The article also notes that 4.6 billion yuan flowed out of stock funds in the previous week. Below is a chart comparing the Shanghai Composite and ChiNext Index.

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