china trading – pressnews

[ad_1] Nobody is quite sure who wrote it, when it was written or if it’s even true. Nobody is quite sure who wrote it, when it was written or if it's even true. But a screenshot of four paragraphs detailing a China reopening plan was enough for traders to scoop up stocks for two days running. The unverified post, which contained black characters on a white background with no identifying marks, first began circulating on Monday night in WeChat social messaging groups filled with analysts and fund managers, according to accounts by a dozen investors who asked not to be identified. By the next morning, it was spreading like wildfire. The screenshot claimed that on Sunday, China's No. 4 official Wang Huning -- one of seven men on the powerful Politburo Standing Committee -- held a me...