The recent one year has been a spectacular gain for the rising dragon of the China Shanghai composite market. In less than a year period, the index has risen from the low of 1900 to a high of 3700. This is despite the soft landing issues China's economy has been suffering that we hear all years long. There's only one explanation that leads to this outcome: Speculation. Interestingly, a giant pool of money has recently flowed to the HK market, spilling some contagion of euphoria into the HKSE index, which has seen over 1000+ points increase since the quota was introduced earlier in the week. It has been a spectacular show to watch for me this week, as we've seen the bull taking rage of the whole market this week. The euphoria doesn't spill over to our STI index, though one of my core holdings from China Merchant Pacific (CMP) ... ...