Nikkei and Kospi are up significantly - China isn't participating. A number of the desks are saying it's indictment related, but the desks - generally - don't know how to say "I don't know"
Abe’s helicopter money went back to Japan without QT. I generally held a view that Japan is done. China disallows large hot money to roaming around the market, distastes capitalists.
China is dropping interest rates (as everyone else is raising them) is all you need to know. 10year looking back a little less than a year:- Meanwhile I see the Shanghai Stock Exchange Index closed out the week near the highs, although overall basically unch so ..... YMMV. Lower rates eventually feed into profits down the line.