04-08-2014, 10:47 AM
(04-08-2014, 12:51 AM)rainmaker Wrote: The correct action should be focus poor-quality counters or dubious companies which include S-chip. SGX and MAS should drilled into their financial figure and banks to see if any irregularities in it.
(04-08-2014, 09:21 AM)freedom Wrote: SGX does not have a moral responsibility to eliminate speculation. Speculators are an important market participant, like it or not. SGX is to keep an orderly, cheap and transparent market for all kinds of market participants, be it speculators or "investors".
It is a balance. If china products always sucks, it will affect the perceptions of the products Made In China even though we can say it is buyers beware.
But OTOH we need to increase surveilance without increasing too much regulatory burdens on capital raising, as we discussed in this thread:
http://www.valuebuddies.com/thread-4469-...l#pid88392
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