[sgbuffett]

The Government teams or the investors must be desperate to push up the index when the vital statistics are still red red..



It will not be uncommon to see China indexes jump after having slumped for so long.  It will happen again and again.  Japan Nikkei had the same experience;  sometimes Nikkei jumped more than 14% during the initial years after the bubble had busted.

The China stock market was not a bubble.befoee it collapsed
It was cheap and became even cheaper.

That is why so many value investors became bsg holders....like Charlie Munger who bought Alibaab he thought it was cheap and it became cheaper.

After the rise of last week it is still cheap.