A-Shares Have Led Declines in Last 10 Months, Says CLSA's Lee

The video discusses recent rule changes in share buybacks in China, highlighting their potential impact on shareholder interests and market dynamics. It addresses concerns about market stability, particularly regarding pledge shares and rising debts in listed companies. The discussion includes the risks associated with pledge shares, especially for small-cap companies, and the implications of these financial strategies on the broader market.

In what ways do small companies in China manage their financing through pledged shares?

What is the significance of the margin calls in relation to the Chinese index?