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.

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.

Recently, retail investors were helped in their search for better performance by the creation of an open ended fund by Hua An in cooperation with Fleming Investment Management. The open-ended fund will help investors by giving them the option of redeeming...

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