Lol...
Beijing is reportedly seeking to "mobilize" about 2 trillion yuan ($278 billion), mainly from the offshore accounts of Chinese state-owned enterprises, as part of a stabilization fund to buy shares onshore through the Hong Kong exchange link; it has also earmarked at least 300 billion yuan of local funds to invest in onshore shares through China Securities Finance Corp. or Central Huijin Investment Ltd
This is bad: after short selling ban did nothing, China PPT stepped in... and couldn't do jack. Beijing trapped: either they watch liquidation cascade as snowball derivatives are knocked in sparking rout and leading to social unrest, or they stop talking and finally do something. Se above.
Many scenarios taking place here, own Longs ,Shorts, Metals and Cryptos. And of course Dollars.
Things could get messy real soon or at a moments notice.
Fun times ahead, and lots of reward.
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