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…