China Ramps Up Threats, Rescue Gossip With Stocks At Tipping Point

The Chinese equity market is in dire straits, but don't worry: The Party's on it. Of course, it was the Party's wildly mercurial approach to regulation, rectification and disciplinary action (and Xi Jinping's Mao delusions) which put local stocks behind the eight-ball in the first place. But you know what they say: The best person to extricate you from a bad situation is the person who put you in it. On February 2, Chinese equities capped a rough week with what one mainstream media outlet (the

Try one month of our best daily market and macroeconomic commentary for FREE

Try for free

Or see other subscription options to save 20% on an annual plan

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

4 thoughts on “China Ramps Up Threats, Rescue Gossip With Stocks At Tipping Point

  1. I’ve long wondered when the “invisible hand” would detect the flaws in the opaque and corrupt chinese economy (despite Charlie Munger’s confidence). China has plenty of dollars it could use but they’re probably spending those on military stuff.
    It’s tough to counteract demographics, a centrally inflated real estate bubble, and a dictator micro-managing the economy.

  2. CCP’s attempts to order the market higher are becoming increasingly ham-fisted

    Per BBG article today:
    – Capping swaps used by mainland to short HK
    – Prohibit brokers from reducing some long positions
    – Prohibit some quant funds from placing sell orders

NEWSROOM crewneck & prints