Yale’s Shanghai Stock Exchange Project Collects Pre-WWII Price Data

What Chinese equities are still being traded are finally on the mend in what must be the most openly manufactured stock market rally on record. The Shanghai Stock Exchange Composite Index is up 5.76%, but it would be extremely optimistic to assume that we’ve seen the last either of Chinese equity fragility or government intervention. While we’re waiting for the next blowup, the Yale School of Management Shanghai Stock Exchange Project has pulled together price data for the previous iteration of the Shanghai Stock Exchange, formed by foreign businessmen and brought to an end by the Japanese army, from 1870…