Bottom Fishers Swarm in A Share Market
Last week, the PBOC was seen as easing monetary policy following a meeting with financial regulators. Although the central bank hasn’t reversed policy, it’s believed it will act to mitigate the fallout from the regulatory crackdown on the interbank market and shadow banking. Now bottom fishers are swarming in the A-shares market. Investors are looking at heavy insider buying, as well as the impact from the “One Belt, One Road” after port stocks took off on Friday.
iFeng: 有人看到了A股底部迹象 跟着大股东买买买？