Chinese on fire... Doesn't seem like a collapsing economy. LOL Goldman came out and said hedge funds are entering the Chinese markets at the fastest rate in history to take advantage of what appears to be an economic bottom.
SHANGHAI/SINGAPORE, Sept 30 (Reuters) - Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to join a searing rally sparked by Beijing's latest raft of stimulus measures. The CSI300 blue-chip index is now up nearly 30% from its February trough, which by some market definitions suggests it is in a bull market, but much of the gains have happened very quickly and over a few sessions since last week.