Huijin had also bought banking stocks during the depths of the global crisis that began in 2008 and continued to make purchases until 2010. -->
http://articles.economic...huijin-hong-kong-shares
As usual the Ching will get bashed for trying to prop (PPT) their market esp bank stocks. US and Europe have done the same since GFC. If we lose Ching with a euroland debt bomb, 2008 will be xmas. And no, I do not support these PPT illegal market practices... I'm just amazed at how the ponzinomics is no longer done behind the scenes, sort of naked cheat-nomics
Anyway if the main masters are into PPT practices, why can't the KE gubberment direct NSSF to buy up NSE banks & other bluechips and we head back past 5000 and everyone will be happy
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!