Finance needs regulation. It has always been prone to panics, crashes and bubbles (in Victorian times this newspaper was moaning about railwaystocks, not house prices).
Among the stocks that rose strongly were Baosteel, China Railway, and some beleaguered property stocks. All are potential beneficiaries of strong growth.
股市涨势强劲的公司包括宝钢、中国铁路以及一些房地产公司，这些公司股票都极有希望大涨。
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Those stocks began to be issued with the construction of Hunan and Guangxi railway after Anti-Japanese War burst out.