Xiang Ji’s Bookshelf

You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for June 30th, 2009

George Soros On Regulation, Reminbi And Others

Learn from Mr. Soros’ wisdom while we can:


What’s So Good About Shorting

China’s Central Bank’s release of the Financial Stability Report 2008 points out why short-selling is something good for all markets. 1, its price discovery function; 2, it improves market liquidity; 3, it provides another tool of hedging risk (open to debate). You can download the report here (it’s 42.5MB! and in Chinese).