The Underlying Issues Behind China's Stock Rout

Mikio Kumada, Global Strategist at LGT Capital Partners in Hong Kong weighs in on the Chinese government's slew of measures to stem the stock market rout there.

It seemed to work yesterday, as Chinese shares made their biggest daily gain in six years. But key questions remain: Will it work in the long run? And does it address the fundamental problems that drove up stock prices in the first place?