China's leaders also worry that launching a secondboard now could divert funds from the main market at a time when the government is trying to sell stakes in listed state-owned enterprises all part of the government's efforts to raise funds for a system of social security.
Some of the bigger and better of the more than 200 firms waiting for listing on the secondboard have given up, turning their attention instead to China's main market.
It was at this confab two years ago that Bernanke signaled the second round of easing which gave rise to a massive asset market rally across the board.