Of the Chinese bank stock buys, the folks at beyondbrics note the last time China stepped in to...

|By:, SA News Editor

Of the Chinese bank stock buys, the folks at beyondbrics note the last time China stepped in to buy the lenders was September 2008 - the stock market bottomed shortly afterwards. Off 28% this year, a popular China ETF, FXI is +2.3% premarket.