You really only do that when the economy is booming: the Chinese government is trying to stabilize the stock market, which has been crashing for months, and is now providing subsidies amounting to 278 billion dollars, after having already partially banned short selling and instructed funds to stop selling. for months we have been observing massive outflows of funds from abroad from the Middle Kingdom, which also indicates a continuing repressive policy and increasing weakness of the economy. China must do its homework if international investors are to put the country back on the buy list.
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I guess they're trying to jawbone some stability by threatening to completely nationalize the stock market. If they actually do it, even the dumbest investors will finally bail. It still amazes me to hear MSM stockpickers shilling Chinese securities.
Do You really think they would go so far and nationalize the market? This would destroy confidence of their ''partners'' like Russia and the others, too. Mmh.
No. That's why I think they're just jawboning. What if it doesn't work, though?
Maybe they would enforce a halt for some days due to fake cyber attacks? Big funds already can't sell, right? Last possibility would be the japanese model of, what You said, at least partially nationalizing it buy continually buying via hidden accounts.
Your scenario seems most likely.
^ an internet first ^
Will be a big party anyways
Looks like a shitcoin chart lol
De facto it is one: CommieCoin
wow, had no idea China’s stock market was so close to the Oct 2022 lows.
are any major markets doing worse?
I don't think so