This propaganda banner from the municipal police department of an unnamed city warns would-be burglars that if they’re thinking about stealing, they might be better off investing in the stockmarket. Bloomberg reports today that China’s key stock index has risen to a new record, having taken less than two weeks to rebound from a rout that erased more than $400 billion of market value. The CSI 300 climbed 128.19, or 3.1 percent, to close at 4227.57, with about 90 percent of the shares included in the measure advancing. Where are you placing your money?
Photo from Shizhao.
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