Only 140 A-shares up in the morning session, 2435 down. Shares held up until near 11 am.
There are three speculations on the drop today.
First, A Politburo meeting yesterday mentions inhibiting asset bubbles, but this news was ignored until 11 am...
iFeng: 政治局释放重磅信号:改革、楼市、股市怎么变
Second, tougher regulations on the market, again out early and ignored until 11 am...
Sina: A股降“妖”警报拉响 交易所盯盘盯得更紧了
Third, faster IPOs. There have been about 1 IPO a day since they restarted in November, but the pace is accelerating. But this story is the oldest, out yesterday...
Sina: IPO加快发行节奏的压力:有利也有弊
Maybe it is just time for a drop...
Irony of the day: a stock due to be delisted in two weeks (recently covered here) is limit up.
Realtor.com Reports Active Inventory UP 25.5% YoY; New Listings up 14.9% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
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