iFeng has posted a chart that shows the big moves in China's last bull market. Most moves were huge in percentage terms and occurred over the course of a few months, similar to this latest surge. The last chart shows the latest surge in prices and asks, which stage?
The blue underneath each stage gives the following info:
Time
Point Move
Percentage Gain
Average Daily Volume in ¥100M
上证50 = Shanghai 50; 沪深300 = CSI 300; 中小板= SME Index;
in the last box, A股平均仅上涨7% = the average A share stock only increased 7%. Which signaled the end of the bull market as the rally narrowed.
The picture won't post in full size on blogger, but it's visible at iFeng.
Do investors actually read bond docs?
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An accidental FT Alphaville experiment
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