[itake]

yeah, I wonder if they do it b/c:

1. the og investors cashed out. leaving retail holding the bag.

2. they buy the stock at a discount

[paganel]

Don't think the Chinese government cares about purchasing any Chinese company's stock at a discount, if the need arises they can of course nationalise it almost on the spot.

[atatatat]

Chinese government individuals may, especially lower tier ones.

[elliekelly]

I think they do it because information (and control over that information) is more valuable to them in the long run than whatever economic/financial gains they might sacrifice.

[itake]

They could of added the regulation at a slower pace instead of pulling the plug on everyone.