China Must Be Getting Really Nervous To Do This

One of the most stunning data points of the ponzi bubble called Chinese Stock Markets has been the greater-than-exponential rise in the opening of new retail stock trading accounts in the last few months. If ever there was a better indicator of speculative excess or a government policy out of control, it was the pace of new account openings. So... when we discover that after 8 years of weekly data provision, China Securities Depository & Clearing (CDSC) Corp has decided to discontinue the time series - it is clear China is getting very worried.

"Discontinued" - in a very McDonalds-monthly-sales-esque manner, China appears to have decided opacity is the better part of valor.

 

The Source of the data is CDSC's Weekly Statistics...

Week of 5/29 was the last update...

 

Nothing since...

 

And this is a series updated on the Friday US session after China's Friday Session is closed (with no lag)... so there has been 3 weeks with no data since the open accounts spiked to 4.3 million in one week...

 

Just what is China trying to hide?