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Black Day for Shanghai Stock Market Hi, Jian Shuo: I live in the US but make trips to Shanghai every year. Observing the Shanghai market but not being a player, I have generated a lot of questions about it: a) Why does the intraday chart of Shanghai perfectly mirror that of Shenzhen everyday? Don't the two exchanges have different stock listings? b) Do "institutions" (sizeable mutual funds, hedge funds etc) participate in the Shanghai market, much like the US? c) Are margin accounts prevalent for retail trading in Shanghai? d) The Shanghai index has already gained 50%+ in the short 5 months this year, with more retail accounts opened than the entire last year. What do you see as THE trigger for a correction? And how soon? Thanks in advance for educating me on your market. I hope to reciprocate by answering any questions you may have about the US market. Regards, D Chow |