The Big Bull vs the Silent Dragon

The emergence of the Shanghai stock market has been an outcome of conscious policy measures that have been overlooked in the stereotypical stories

Topics
Shanghai Composite Index | Markets | China

Partha Ray & Vinodh Madhavan 

Partha Ray & Vinodh Madhavan

The bronze sculpture of the charging bull that stands on Broadway is perhaps the most well-known totem representing the spirit of the New York Stock Exchange that evolved from a meeting of 24 stockbrokers under a buttonwood tree in 1792 on what is now Wall Street. In contrast, though founded in 1891 and re-established in November 1990, the Shanghai stock exchange is an upstart and is not associated with any specific monument.

Had it been, the amulet of a silent dragon could perhaps have been an appropriate one. Has this newcomer, the fictional silent dragon, started questioning the ...

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First Published: Tue, April 27 2021. 23:14 IST
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