From ‘Healthy Bull’ To ‘Mad Cow Meat Grinder’: China Engineers Selloff After $1 Trillion Run

After a blistering run that drew comparisons to the beginnings of the 2015 bubble in the country's equity market, Chinese stocks fell for the first time in nine sessions Friday. Just five days after state media encouraged local investors to help foster a "healthy" bull market, the state-run Economic Times suggested things are getting out of hand already. "Be wary of 'mad cow' when promoting the rational prosperity of A shares", a featured article reads. It warns on the perils of adopting too m

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One thought on “From ‘Healthy Bull’ To ‘Mad Cow Meat Grinder’: China Engineers Selloff After $1 Trillion Run

  1. “Retail investors interviewed by the western media described feeling “invincible” and suggested gains were inevitable by virtue of the state’s blessing.” -> Sounds very familiar… I’m sure China has its very own Dave Portnoy

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