{"id":15616,"date":"2025-09-12T02:00:12","date_gmt":"2025-09-12T02:00:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/15616\/"},"modified":"2025-09-12T02:00:12","modified_gmt":"2025-09-12T02:00:12","slug":"chinas-bull-run-tests-regulators-as-beijing-aims-to-guide-us12-trillion-stock-market-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/15616\/","title":{"rendered":"China\u2019s bull run tests regulators as Beijing aims to guide US$12 trillion stock market"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Stunning gains in Chinese stocks are testing regulators\u2019 ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation\u2019s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth.<\/p>\n<p>As the property market remains in the doldrums, eroding the wealth of Chinese investors who are sitting on a record <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3323579\/chinas-us22-trillion-savings-and-global-investors-potent-mix-equity-markets?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">160 trillion yuan (US$22.5 trillion) in bank savings<\/a>, the stock market has become a focus of President Xi Jinping\u2019s drive to build a financial superpower.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Wild booms and busts over the past two decades may prompt Beijing to review how it could guide a measured but sustainable bull market, akin to what has been achieved in India, Japan and the US.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Steady gains from the stock market could serve to both move some household wealth away from the property market \u2013 which accounts for 60 per cent of Chinese families\u2019 assets \u2013 and help boost slumping consumption. Financial regulators may be pleased to see that the nonstop gains have moderated after a pullback last week, reducing the risk of retail investors engaging in volatility-inducing pump-and-dump moves.<\/p>\n<p><img decoding=\"async\" alt=\"China\u2019s key stock benchmarks slumped more than 2 per cent on September 4, their biggest stumble in the current bull run. Photo: CFOTO\/Future Publishing via Getty Images\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/f1855242-a7a2-4fed-be5a-31473cb394a6_d1d95cab.jpg\" title=\"China\u2019s key stock benchmarks slumped more than 2 per cent on September 4, their biggest stumble in the current bull run. Photo: CFOTO\/Future Publishing via Getty Images\"\/>China\u2019s key stock benchmarks slumped more than 2 per cent on September 4, their biggest stumble in the current bull run. Photo: CFOTO\/Future Publishing via Getty Images<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cWe are in transition from the one-way gain to a slow bull [market],\u201d said Hao Yifan, an analyst at Hwabao Securities in Shanghai. \u201cMarket volatility may increase, but sentiment still remains and the uptrend isn\u2019t over yet.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Stunning gains in Chinese stocks are testing regulators\u2019 ability to manage the ascent, as Beijing seeks to fulfil&hellip;\n","protected":false},"author":2,"featured_media":15421,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[14550,971,72,14559,14549,160,14552,240,14554,61,2568,60,582,14553,14555,123,7313,14556,5698,14557,131,14551,14558,14560],"class_list":{"0":"post-15616","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-a-share","9":"tag-bloomberg","10":"tag-business","11":"tag-china-securities","12":"tag-china-stocks","13":"tag-covid-19","14":"tag-hao-yifan","15":"tag-hong-kong","16":"tag-huabao-securities","17":"tag-ie","18":"tag-india","19":"tag-ireland","20":"tag-japan","21":"tag-julius-baer","22":"tag-lotus-asset-management","23":"tag-markets","24":"tag-president-xi-jinping","25":"tag-richard-tang","26":"tag-shanghai","27":"tag-shanghai-composite-index","28":"tag-stocks","29":"tag-stocks-market","30":"tag-ubs-group","31":"tag-xia-fanjie"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/15616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=15616"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/15616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/15421"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=15616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=15616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=15616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}