Volatility in Chinese Stock Market

“Chao gu” is the Chinese term for speculating in stocks. Roughly translated, it means “stir-frying” shares. Lately, though, for millions of Chinese investors, it means getting fried. Enter the “nerve-shredding,” “whiplash-inducing,” rollercoaster “tantrum” of China’s stock market. After soaring to 7-year highs on June 12, both the Shanghai Composite...