The banks in China are still undervalued.......If you have not heard the news, please read here
I think this is not the end of the stimulus but the beginning as the government is going all out to get the economy back ! Here , we can see that many companies are still suffering in the red with bankruptcies rate accelerating as well.
Time is of essence as the GDP target of 5% is important to meet for the government ! All eyes are watching on the CCP moves since the last few days.......
Let's wait for next week to see how the price pattern moves .........
