There are rumors that the central bank has injected capital into selective brokerages and let them buy stocks, as current valuations of most blue chips are obviously too low,

There will be more opportunities in cement stocks, because the foreign investment topic will likely stay in focus for a while.

It turns out there isn't any further specific stimulation except for the long-term general goal to boost Chinese stocks.

Shares rose because the notice promises measures to develop a more stable capital market and resolve some of the problems faced by struggling firms.

The dynamic of the move in stocks is you have an extremely bombed-out market coupled with a central bank that has taken a slightly more adventurous approach to monetary policy, ... But in overall macro terms, the place is still a complete and utter economic disaster.

The dynamic of the move in stocks is you have an extremely bombed-out market coupled with a central bank that has taken a slightly more adventurous approach to monetary policy. But in overall macro terms, the place is still a complete and utter economic disaster.