Chen Jiahe, Chief Strategist at Cinda Securities,suggests on how the circuit break mechanism could be improved to stop investors' worries.
Q1. China's circuit breaker has been triggered four times in four days, and suspended share trading twice. Some are starting to question whether the mechanism is working in China. What's your take on the issue?
Q2. The market is supposed to calm down during the 15 minutes' trading suspension under the rules of the circuit breaker but it seems to be working the other way around in China, where investors are getting even more nervous during the suspension. What's the cause of the worries?
