A year ago yesterday, the People’s Bank of China (PBOC) devalued their currency in dramatic fashion in reaction to deteriorating export data. The unexpected policy move was a spark that lit the global risk asset bonfire …
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In case you missed it, Chinese stocks had a day yesterday with the CSI 300 Index & the Shanghai Composite closing up 3.3% overnight, while the Shenzen was up 4% on rumors that the MSCI might start to …
Continue readingAt this point, you know the drill. China has been in the midst of epic fiscal and monetary policy for years in an attempt to spur investment, create a wealth effect and attempt to halt their …
Continue readingOn Sunday night, as Chinese equity markets were getting ready to open following the government’s unprecedented moves to stem declines, my focus was on where the Shanghai Composite needed to hold: Shanghai Comp’s 200 day …
Continue readingThe peeps who run Bloomberg’s social media like this article on Chinese equities so much they seem to be running a contest to see which title gets the most play on Twitter. China Bubble Debate …
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