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Jukan @ICML (@jukan05) “Having recently traded China A shares myself, my impression was that the market” — TopicDigg

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Jukan @ICML
@jukan05
Tech otakus save the world | Not Investment Advice | DYODD
加入 September 2024
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Having recently traded China A shares myself, my impression was that the market is far too easily moved, and even manipulated, by absurd rumors. At the time, I held a leading Chinese CCL stock. One day, a rumor circulated that Chinese securities regulators were investigating a fund for allegedly manipulating CCL related stocks. As a result, a stock that had been up nearly 7% intraday quickly gave back all its gains and fell back to around flat. But after local Chinese media looked into the matter, the rumor was found to be false. A shares are far too vulnerable to rumors. I no longer trade China A shares.
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