stock market

The historical data from China’s stock market provides fascinating insights into the nature of bull markets. During the 2006 bull run, 99% of stocks doubled in value, with 53% achieving 500% gains and 17% reaching 1000% returns.

On October 18th, the People’s Bank of China (PBOC) officially launched its new 500 billion yuan Securities Firms, Funds and Insurers Swap Facility (SFISF). Under the SFISF, eligible securities firms, fund managers and insurers can pledge assets such as bonds, stock ETFs, and stocks from the CSI 300 index as collateral to borrow government bonds or central bank bills from the PBOC.