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  • Ralph Humphrey
    China's Plunge Protection team?
    Bloomberg News released a story this afternoon explaining that a Chinese "regulator convened a virtual meeting with executives of major investment banks" Wednesday night, which is an "attemp[t] to ease market fears about Beijing’s crackdown on the private education industry."   The NASDAQ Golden Dragon China Index is up about 8.85% (right now) on the back of this news. The article focused on regulatory actions in the education sector but omitted discussion of regulatory act…
    Ralph Humphrey 9 views 4 comments Most recent by christopher_m Real Vision