From the article, a small investor: "China’s stock market is really different from other countries" It's different this time. I'm sure I've heard that before.

From the article, a small investor: "China’s stock market is really different from other countries" It's different this time. I'm sure I've heard that before. Anyway, something tangential but a little bit interesting; it seems that an accountant quoted in this story, "Yao Lina", sold all her holding in February 2012: http://s-aint.com/store/files/Bloomberg_Business_News_Headlines_15.08.2012.pdf http://s-aint.com/store/files/Bloomberg_Business_News_Headli... And also in November 2013: http://www.bloomberg.com/news/articles/2014-01-21/china-ipos-no-lure-as-investors-empty-trading-accounts http://www.bloomberg.com/news/articles/2014-01-21/china-ipos... And June 2015 in this article. All Bloomberg origin, as far as I can tell. Sure, maybe she really does binge on cycles of all in and all out, but it seems odd nonetheless. If I had to guess, if she does exist, she's a reliable source for journos who need an "ordinary chinese citizen" to tell them she's bailed out completely, and give them a good quote, always on the same theme: “I have no confidence in the stock market,” “I thought the market was going nuts and someone was coming to manipulate the market... I have no confidence in the market because there are lots of speculators playing in it.” ...the government may take as long as five years to fix “structural” challenges in the economy that have curbed growth. This most recent article contains an odd change of tone, though. She's still bailed out (so she says, again), but also “China’s stock market is really different from other countries. The government surely has some measures to control the movement.” I'm sure I've heard that before; people sure that the magical government can somehow stop a market crash. It would be interesting to work out how well her quoted comments match the official PRC government line (and unofficial government line) at the time; if she exists, is she a government mouthpiece, or just someone the journos know is always good for a negative quote about the Chinese market, from the small investor? I wouldn't be surprised if all these Bloomberg journos ever saw of her was a controlled press release of suitable comments and sources from China, for them to mine from to make their story.