See what happens when stocks get free bailouts ....They pump up stocks with free government assistance.... This is how all stock markets around the world work today!!! Everything is propped up by free money. Without the government and the federal reserve backing equities there would be nothing but worthless stocks and economies worldwide ...Absolutely no economy in today's world can function on their own without assistance from government handouts. On September 13th the Shanghai index traded at 2700 just 2 weeks later it's at 3350 Up a gigantic 24%%%%% The Shanghai Composite Index jumped 5.54 percent, or 171.17 points, to 3,258.70, and the Shenzhen Composite Index on China's second exchange climbed 5.18 percent, or 89.99 points, to 1,827.55. The gains built on last week's surge that came on the back of a series of stimulus measures by China's leadership as it tries to reverse a painful slowdown in the world's number two economy. https://www.msn.com/en-in/money/mar...i-cools/ar-AA1rr2Eq?ocid=finance-verthp-feeds
Shanghai index up nearly 9% in 1 day. Trading like a MEME stock!!!!! -----> China Index index up > 20% in 5 days. Day traders are busily longing and shorting and longing and shorting index futures, 24x7 for the last 5 days. And the brokers are laughing all the way to the bank because of the huge commissions. China A50 futures typical volume 200k/day Lately, volume is 1000k/day
as compared to spx came up from oct 2023 on bubbles? the short squeeze achieved. i am out half of chinese adrs with reasonable profits.
https://www.bloomberg.com/news/arti...ace-more-margin-calls-as-chinese-stocks-surge Quant Hedge Funds Face More Margin Calls as Chinese Stocks Surge
(CNBC) Different from 2015’s bubble Major Chinese indexes surged on Monday, while trading volume hit a record high, according to Wind Information. While that may remind investors of the 2015 bubble, when the Chinese stock market doubled in value over six months, analysts think things are different this time. For one, the economy is still struggling, which is expected to weigh on spending during the Golden Week holiday this year, according to analysts.