3201JQ

China: Now That's Volatility

...the Hong Kong market, after some of the worst days in its history, suddenly and for reasons I don’t fully understand (probably more to do with technical factors, like short-covering) turned around

The fact that VW had practically overnight become the highest market cap firm in the world may have re-focused short sellers of its (and others) stock(s) minds on the concept of infinite loss rather than day after day of gains.