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Are Credit Expansions to Blame for Stock Market Exuberance?

Economics & Finance

Jiang, Griffin Wenxi（江文熙） • Jiang, Griffin Wenxi（江文熙） • • 8 mins read

New research supports and quantifies causal link between expansions in the supply of credit and increases in equity prices

Did a Stamp Duty Hike in China’s Stock Market Turn into Whack-A-Mole Game?

Economics & Finance

Jiang, Griffin Wenxi（江文熙） • Jiang, Griffin Wenxi（江文熙） • • 7 mins read

Research reveals China’s policy aimed at controlling trading frenzy in the stock market led to unexpected warrant market bubble

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