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China’s Bear Equity Market: Is There an End in Sight?

China’s Bear Equity Market: Is There an End in Sight?
An electronic screen displays (from top) the Hang Seng Index, Hang Seng China Enterprises Index (HSCEI), Hang Seng Tech Index, and MSCI China Index in Hong Kong, China, on March 15, 2022. Paul Yeung/Bloomberg via Getty Images
Panos Mourdoukoutas
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News Analysis

Since October 2007, Chinese stocks have been in a bear market, as investors have little incentive to return to the market anytime soon. Beijing’s leadership has created an environment that makes it harder for listed companies to behave like capitalist enterprises, enhancing shareholder value.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”