After yesterday's tumble, we are still seeing energy and banks backing down but the scope of the back down won't be that great. Liu Jingde More Quotes by Liu Jingde More Quotes From Liu Jingde It could make the fluctuations of the market more extreme if these investors take more frequent short-term positions. Liu Jingde company-news The market was more stable after it slumped so heavily of late, the main reason may be some blue chip stocks were supporting the market, capping the indexes' falls. Liu Jingde industrials The surging brokerage shares yesterday attracted a lot of money into the market, supporting the further rise today, banking shares are pushed by the brokerages. Liu Jingde industrials When the government implements top-bottom strategies, the central level, including agencies such as the National Development and Reform Commission, will know first. Then companies will be notified and reach out to securities firms, restructuring plans will be reported to the CSRC, the SASAC and other government bodies. The information should be kept in confidence, but sometimes that can't be controlled. Liu Jingde industrials The recent rate cut and economic data were long expected, the valuation of banks and brokerages has already been corrected to their average levels. Liu Jingde industrials Investor sentiment was undoubtedly hurt by the margin trading news despite CSRC saying they did not intend to dampen the stock market, i expect the market to be quite volatile in the near term although over the longer term, it is still a bull market. Liu Jingde industrials
