Excessive Intervention by the CCP Fails to Address the Gloomy Outlook of the Domestic Stock Market

01/24/2024 Silvercrest's Patrick Chovanec on CNBC Television: Although the CCP can put a floor under share prices through intervention measures, they are unable to address the underlying issues. One of the concerns is that investors fear an escalation in Sino-U.S. tensions. Another issue is the genuine worry about the domestic market's gloominess, with people feeling that the Communist China, under the leadership of Xi Jinping, is not progressing in the right direction.
01/24/2024 银冠资产管理集团的程致宇上CNBC电视台：虽然中共可以通过干预措施去支撑股票市场，但他们无法解决深层问题。其中一个问题就是投资者担心中美紧张关系会加剧。另外一个问题是，国内市场的阴霾确实令人担忧，人们觉得中共国在习近平的领导下没有朝着正确的方向发展。