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Restructure Expectation and the Mug’s Games of Capital Market
Management School, Jinan University, Guangzhou, China
Management School, Jinan University, Guangzhou, China
- 1 Management School, Jinan University, Guangzhou, China
- 2 Management School, Jinan University, Guangzhou, China
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Abstract
At the end of 2014, wars of protecting shell resource broke out in Chinese A-share market. Based on the case of financial fraud of WanFu Biotechnology, we present and explain the trade abnormality existing in the capital market from restructure perspective. By virtue of analyzing the case of WanFu Biotechnology, we reveal the loopholes in the capital system, and finally put forward some corresponding policy suggestions for policy makers.
KeywordsRestructure ExpectationWanFu BiotechnologyCapital Market Supervision
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