It was only a month ago that I last written an article on the China stock market (article here). Back then, I mentioned how the dragon has risen from 1,900 all the way to 3,700. The index is now at 4,800 and everyone is predicting it will only a matter of time before it reaches 5,000. The Chinese stock market rally is finally back on. There was only one word to describe this phenomenal bull run: Incredible.
Cheap Intervention?
We have been hearing a lot of news that there was a lot of margin account traders who has leveraged to participate in this bull run. I even highlighted in my previous article how people of all ages and education, some of whom with very few financial knowledge, who has participated in this long awaited bull run. We have heard the quote that when even the shoe boy has ......