China state media commentary urges investor respect for market

📆 09/07/2020 09:55:00
📰 Reuters

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Investors should respect the market, manage risks and pursue rational investments, Chinese state-run media warned in commentary on Thursday, after Chinese stocks accelerated a recent rally and hit multi-year highs.

Shares in mainland China extended their winning streak into a seventh session on Wednesday, supported by hopes of an economic recovery, a conducive regulatory environment and retail investor enthusiasm.

“The tragic lesson of abnormal stock market volatility in 2015 remains vivid, warning that we must promote a healthy and prosperous stock market in a correct posture,” the paper said.

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What does China know about respect? 🇨🇳

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