Presented with little comment aside from a snarky glare as Xinhua's headline "After a roller coaster rush since July 2014, China's stock market has stabilized and risks have been released to some extent, the securities regulator said Sunday." [3]CSI-300 was limit up 10% shortly after the open, then was hammered 5% lower. CSI Banks Index is down 5% and Shanghai Composite was not as easily manipulated and is down 0.5%!!
[4]
But China Banks are geting hammered...
[5]
Who was responsible for the magical levitation? Simple!!
Spot The Difference!
[6]
Welcome to the "markets"
Charts: Bloomberg
