Never forget that the Chinese media is controlled by the Communist Party. Chinese leaders often send out test storiesthrough its media channels to gauge public sentiment and response to new ideas.
Here is a new one that could be a biggie!
A story is making the rounds that the Chinese leaders are considering the establishment of a 600 to 800 billion RMBfund to buyup shares of companies listed on the Shenzhen and Shanghai exchanges if the Shanghai
Composite index hit 1,500 points.
That is big enough to buy up roughly one-third of the entire market cap of Chinese stocks.
