Just worth flagging a weekend piece....>

CHINA STOCKS: Just worth flagging a weekend piece from the Global Times, which

noted that "Chinese mainland stocks might correct after a one-week, incredible

run that sent the benchmark Shanghai index to nearly 3,400 points, financial

experts and securities analysts predicted, following remarks by the banking and

insurance regulator that China will crack down on illegal speculative activities

to avert asset bubbles...The experts said that the government is worried that

its financial aid to coronavirus-hit companies will find its way into the

domestic stock market, which has shown signs of irrationality in recent

days...Experts said a short-term correction is likely, but the trend of a bull

run is unlikely to be reversed."

- This falls in line with the rhetoric apparent across several state media

releases in recent days.