A rise in the tax last May was intended to temper the animal spirits that were turning brokers like Shenyin & Wanguo into heaving gambling dens.
去年5月印花税的上调是为了缓和股民过于狂热的劲头，这种劲头让申银万国那样的证券公司变成投机倒把活动迅速膨胀的赌场。
Before, Shenyin Wanguo Research Institute that is a special report on the Margin analysis.
在此之前，申银万国研究所是对利润分析的特别报告。
"Pawn shops serve a small, niche market, so you couldn't expect it to grow into a big industry," said Sun Jian, analyst, Shenyin Wanguo Securities co.
申银万国证券公司的分析师孙健说：“典当行业针对的是规模较小的小众市场，所以不要希望它成为大行业。”
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