I dont think there is such thing as buying the DIP on that stock exchange. UP 88% YTD.
SHANGHAI -- China's benchmark stock index topped 5000 for the first time, a milestone reflecting continued enthusiasm by individual investors but also highlighting the risks of a painful bust.
The Shanghai Composite Index ended at 5032.49, a gain in the session of 1.1%. The record close put the benchmark index about five times higher than it was in July 2005, when the market bottomed out at an eight-year low.
The index holds an 88% gain for the year so far, making it the world's best-performing major market.
Their futures contract will go online later this year.
note: I hope they don't use the same computer as eCBOT.