The question now is whether Beijing is steadying its market or replacing the market's judgement with its own, and how investors at home and abroad will price that difference. #ChinaStocks #PriceDiscovery #MarketIntervention

La domanda ora è che cosa costringerebbe i dati sui flussi e quelli sui prezzi a tornare a concordare — e se quella riconciliazione, quando arriverà, tenda a presentarsi gradualmente o tutta in una volta. #FundFlows #TreasuryYields #PriceDiscovery

Die Frage ist nun, was Flussdaten und Kursdaten zurück in Übereinstimmung zwingen würde – und ob dieser Ausgleich, wenn er kommt, eher allmählich oder auf einen Schlag einzutreten pflegt. #FundFlows #TreasuryYields #PriceDiscovery

reconciliation, when it comes, tends to arrive gradually or all at once. #FundFlows #TreasuryYields #PriceDiscovery