Chinese Stock Market Update

Shanghai opened down and Hong Kong up on Sunday night just like I expected. But then the Shanghai market quickly reversed to the upside. The composite index ended up 0.61%. The B-shares index rose 9.54%. B-shares are denominated in US Dollars and are open to foreign investors. Hong Kong closed up 2.5%. H-shares (mainland companies listed in HK) rose 5.4%. Nothing seems to be able to stop the A-share bubble going onward and upward.