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It seems State Council has approved short selling. Honestly guys, I almost burst out laughing when I was reading the article.
Sep 25 21:56 pm
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All Comments by Portable Alpha »China: A Run on the Bank of East Asia [View article]
www.bloomberg.com/apps...#
I'm not sure what's on policymakers' mind, but seems to me a Pandora's box is about to be opened, and those late 20 sth. fund mangers will really have fun big time.
I'm sincerely wondering whose masterpiece advice is this, which nonetheless reminds me of Blackstone position by that HK broker. Maybe I'm a bit pessimistic, and hopefully government officials are indeed thinking outside the box this time around.