To put it simply, China's crackdown on virtual currencies means less capital is flowing into the A-shares market. A lot of funds have gone into virtual currencies, so capitalists aren't able to "harvest" retail investors as easily. They want the funds to flow back to the A-shares market.
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Qianqi
· 12-06 19:43
That's so true, Dongda's vision is too short-sighted. If our district had more exchanges, Dongda would make a lot more from taxes. This move is probably just for show. If they really got serious, the biggest global trends would shift elsewhere, and then Dongda would regret it again 🙈
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GateUser-5545a179
· 12-06 19:24
Speaking the plain truth. Who doesn’t want to make money instead of just giving it away to others?
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GateUser-724a5521
· 12-06 18:20
The A-share market is for financing, not for you to make money.
To put it simply, China's crackdown on virtual currencies means less capital is flowing into the A-shares market. A lot of funds have gone into virtual currencies, so capitalists aren't able to "harvest" retail investors as easily. They want the funds to flow back to the A-shares market.