Shuli Ren, Columnist

Relax. China Only Wants a Bull Market, Not a Mad Cow

Regulators aren’t looking to clamp down on margin finance completely. Rather they’re looking to curb the gray-market excesses of 2015.

February 27, 2019 at 5:00 PM EST

By Shuli Ren

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

Animal spirits.
Photographer: Qilai Shen/Bloomberg

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Make no mistake: Beijing needs a bull market in stocks, and is willing to stomach the volatility and leverage that comes with it.

China’s stock market is roaring back, reentering bull territory this week after staging one of the world’s worst routs in 2018. Turnover surpassed 1 trillion yuan ($149 billion) both on Monday and Tuesday.

Before it’s here, it’s on the Bloomberg Terminal

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