A trap.
Ask myself why all these stocks crash. What is the reason that their prices recovered? Government intervention. So my conclusion is that fundamentally there is something wrong and mostly likely these companies are simply over valued for what it is worth. Without government support there prices will continue to slide further. Eventually the Chinese government will feel the pain of doing this on a long term basis, as such to withdraw from it. Don’t get trap holding it. Buy only stocks that are performing well and fundamentally sound.
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