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Congrats,President Trump escalated his trade war with China again.
What does the Share Market response in China?
The stock market in China gets a lift and led the global rise.Shanghai 's trading data raised up 3.10%.
What's going to happen then?What do you guess ?
Here is a personal analysis view.
The state-run companies got some command like keep the market strong I guess.Why?The government is afraid of the stock market goes worthless.The bad news spreads like a light on Internet,even the government can not do anything to stop it.
The trade war recall the remembers of Trump 's stupid unilateral decision for making trade war with China last time,which is 23th Mar 2018,Shanghai Composite Index fall by 3.57% respond the stocks index's falling trends all over the world. Dow-Jones Average fall by 2.93%,NASDAQ down 2.43%.
So in order to prevent the tragedy reappearing,or the government just needs encourage investors' confidence to Chinese Stock market.The government will not let the economic break down and do nothing.
Wait,is it any possible that some of the big boss who holding large amount of shares.They need to sell the share out to get more benefits.As fast as they could,the should raise the stock price.When the government's money comes into the stock market,they sell them out.
I bet lots of CEO will quit their job as they sold the share out.
if you got a chance to buy Chinese Stock,will you buy?
If you hold the Chinese Stock,will you sold when it's up like 7% or more.