bullish

China: Careful

134 Views29 Feb 2024 07:40
Syndicated
SUMMARY
  • The recent rally in Chinese stocks has been corrective in nature and was triggered by several factors: National Team Intervention: Authorities intervened to stabilise the market.
  • Banning of Short Sales: Short selling was restricted to prevent excessive downward pressure.
  • No Net Selling by Funds: Fund managers refrained from net selling.
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