Chinese Stocks Surge To A 10 Year High

As we discussed last week in "China's $11 Trillion Market Is Quietly Surging", the Shanghai Composite closed just as quietly at its highest level in 10 years today. The 3700 level reclaimed was last seen when "Can't Feel My Face" by The Weeknd was topping charts (Aug 2015), and the Chinese stock bubble of 2014-2015 had just burst.