China Tells

It seems that the investment enthusiasm is back to the stock market. According to the stats from CEIC, the Shanghai stock exchange turn over has continued to climb higher and now is at the historical high. This is particularly relevant in the environment that the government seems keen to crack down on the speculation in property market. Given that the liquidity need to find a place to go, if the government is telling speculators not to buy more houses, then stock market seems to be the natural destination for the flush of money.

中国内地再度燃起对股市的追捧热情。由于近期政府频出重拳打击房市中的投机炒作行为，因此流动资金不得不再觅炒作市场，股市成为理所当然的良好选择。目前上市的日交易量创下历史新高，显示投机资金热情不减，为股市的下一轮泡沫形成埋下了重要的伏笔。